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Sparta Commercial Welcomes a New South Carolina Jurisdiction to Its Municipal Leasing Program

Sparta Commercial Services, Inc. January 10, 2018

Jasper County, SC to Acquire Fleet of Vehicles and Equipment

NEW YORK, NY / January 10, 2018 / Sparta Commercial Services, Inc. (Symbol: SRCO) (the "Company") announced today that another jurisdiction has contracted with Sparta's Municipal Leasing Program to acquire a fleet of vehicles and equipment. Jasper County, South Carolina is the latest of 11 jurisdictions in the state and 90 jurisdictions around the country to participate in the Sparta program, which enables municipalities to lease essential equipment rather than having to purchase it outright.

Sparta's Municipal Leasing Program will add patrol cars and trucks to the Jasper County Sheriff's Office fleet. The deal includes upfitted Chevrolet and Dodge vehicles and Motorola radios.

The Sparta Municipal Lease Program benefits local government agencies that have limited budgets by making available a wide range of equipment at affordable rates. The Program provides financing for vehicles and other essential equipment for the police, fire, EMS, public transportation, administrative, and public works departments.

Commenting on the most recent transaction, Anthony Havens, Sparta's CEO, said, "This is another example of how we can help local government agencies acquire much needed equipment in the most cost effective way."

About Sparta Commercial Services, Inc.

Sparta Commercial Services, Inc. (www.spartacommercial.com), through its subsidiary, iMobile Solutions, Inc., is a leader, in developing, managing, and servicing custom mobile apps for vehicle dealers from Harley-Davidson® to John Deere, automobiles and RVs, restaurants, liquor stores, clubs, and other businesses in 49 states and Canada. In addition to mobile apps, Sparta provides motor vehicle title history reports to dealers, insurance companies, credit unions, and consumers. The Company also offers nationwide vehicle and capital lease finance programs for municipalities.

iMobile Solutions, Inc. offers customizable mobile applications designed for vehicle dealers, providing for ongoing contact with their customers and communications of upcoming and ongoing promotions, special events, new and used inventory, and more, and for a wide range of other businesses and entities, offering a customized mobile app designed specifically for their purposes, at a fraction of the cost of both traditional and web marketing. iMobileApp, (www.imobileapp.com), is a custom, fully-branded app that is an extension of a business's e-presence.

Additional mobile communications products offered by the Company include website development, hosting and SEO services, as well as a robust text messaging and alert service.

The Company also provides detailed used vehicle title history reports to dealers, insurance companies, credit unions, etc., as well as to consumers. The reports are trusted by industry professionals to provide buyers accurate, timely, and thorough title history reports. The Company targets four motor vehicle markets through http://www.carvinreport.com (automobiles and light trucks), www.cyclechex.com (motorcycles), www.rvchecks.com (recreational vehicles), and www.truckchex.com (commercial trucks).

Sparta's Municipal Leasing Division (www.spartamunicipal.com) offers and administers a specialized municipal leasing program for local and state agencies. The Company is dedicated to serving jurisdictions with small and growing vehicle fleets who seek a better and more economical way to finance their essential equipment needs - from police motorcycles and cruisers to EMS equipment and busses to virtually any type of equipment a municipality requires. The Municipal Leasing Division also works with larger jurisdictions to provide competitive leasing facilities for specific segments of their fleet portfolio.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. Further information regarding these and other risks are described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov.

Company Contact:

Sandra L. Ahman
Corporate Secretary
Sparta Commercial Services, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
800-882-0778

SOURCE: Sparta Commercial Services, Inc.

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