News & Events

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Sparta Commercial Launches New Text Messaging Service

NEW YORK, NY / December 18, 2017 / Sparta Commercial Services, Inc. (Symbol: SRCO) announces the launch of a new text messaging service via its subsidiary, iMobile Solutions, Inc. The service will provide instant alerts, notices, and reminders to subscribers. Research shows that text messages have a 98% open rate, with 90% being read within the first 3 seconds of receipt, making this product a valuable marketing tool for a wide range of businesses.

Sparta Commercial Reports Farm Equipment Dealerships Are a Growing Market for Its iMobileApp Product

New York, NY, Oct. 18, 2017 -- Sparta Commercial Services, Inc. (Symbol: SRCO), announced today that the demand for Sparta’s iMobileApp product is expanding into Agribusiness. Sparta reports that farm equipment dealerships are using mobile applications to facilitate the ordering of parts and to schedule service appointments. The apps also provide maintenance and troubleshooting videos, announce events and special offers, and integrate solutions from RTK Towers to JDLink.

Raleigh Police Department Updates Its Motorcycle Fleet With Sparta Commercial’s Lease Program The Deal Marks Sparta Municipal’s 30th Transaction in North Carolina

New York, NY, Sept. 29, 2017 -- Sparta Commercial Services, Inc. (Symbol: SRCO) announced today that its Municipal Leasing Division will replace the city’s police motorcycles with new BMW vehicles. This is the third time the company has performed the service. Garcia Moto is the vender, and the Raleigh dealership has provided vehicles in five previous Sparta leasing transactions. Says Garcia Moto’s Dealer Principal, Garrett Garcia, "We teamed with Sparta's Municipal Lease Division several years ago to provide an efficient process for our police customers to acquire new motorcycles. Sparta has always made it a pleasant experience, and their program makes the process a 'win-win' for everyone."

Yemassee, SC Again Turns to Sparta Commercial's Municipal Lease Program to Support Its Fleet Financing Requirements

New York, NY, July 20, 2017 -- Sparta Commercial Services, Inc. (SRCO) announced today that for the second time in a year, Yemassee, South Carolina has employed Sparta Commercial Services for the acquisition of essential-need equipment for their Police Department. The latest transaction consists of new Dodge Charger police cruisers with a pay schedule and terms that allow Yemassee to accrue equity in the vehicles over the course of the lease and own the vehicles outright after final payment is made.