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SRCO is the only nationwide, independent financial services company in the U.S. exclusively dedicated to the powersports industry. More than any other lender, SRCO is committed to providing dealers and their customers with the best financing products and services in the marketplace today.
Competitive Edge
- SRCO is the only Nationwide Powersports Financial Services Company offering a LEASE;
- Consumer Leasing offers a lower monthly payment;
- Municipal Lease product used as advantageous financing option for budget constrained Government Agencies;
- Commercial Fleet Leasing program used for rental fleet acquisition in Harley-Davidson dealerships and for those Harley-Davidson dealerships that carry Municipal police bikes on their balance sheets
- Proprietary residual model;
- Proprietary iPLUS® credit decisioning and underwriting system;
- Dealer has the ability to sell & deliver bikes 24/7/365;
- Point-of-sale contract completed on site/on time;
- Substantial industry experience;
- Live, personalized customer service provided.
‘For the four years ended April 2008, Sparta’s compounded annual growth rate of revenue exceeded 258%. Management has accomplished this in the face of a recessionary economy, tightening credit, housing down turn and an overall decline in discretionary spending.’
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SRCO.OB NEWS REVIEWS:
- Sparta Commercial Hires Top Law Enforcement Expert as Strategic Consultant (January 19, 2010)
- Sparta Commercial Welcomes Three New Cities to Its Municipal Lease Program (January 11, 2010)
| The SRCO Municipal Lease: |
The Sparta Municipal Lease offers low monthly payments allowing Police Department to purchase more motorcycles for less money. It is the most aggressive and advantageous way to acquire new motorcycles in today’s market.
“Everything was perfect; everything happened on schedule. For the first time, leasing was made easy, and as the officer assigned to complete the documentation, as well as ride the motorcycle, it was certainly appreciated… I don’t know of any other leasing company that calls their customers every so often just to see how things are going.”
- Motor Officer Ben Christiano
Township of Bloomfield, NJ Police Department
“I felt that Sparta went above and beyond most reasonable expectations to customize a program that would work for our needs. I was especially impressed with their ability to manage the logistics of transacting a sale that involved four organizations in four separate cities… I guess in the end it comes down to delivery of product. We receved the motorcycles in the time frame we needed and at the financing that we could manage because of Sparta’s work.”
- Lieutenant Brad Franke
City of Logan, UT Police Departmen
SPARTA Municipal Contact
Call or email:
Louis Musher
Commercial Products Manager
Phone: (800) 882-0778 ext-217
Fax: (917) 591-9430
Email: louis@spartacommercial.com
SRCO finances and leases the following makes:
American Eagle, Honda, TN’G, Aprilia, Independence, Triumph, Arlen Ness, Iron Eagle, Ultra, Big Dog, Italjet, Ural, BMW, Kawasaki, Vespa, Bourget, Malaguti, Victory, Buell, Moto Guzzi, West Coast, California Custom, Mustang, Choppers, Confederate, MV Agusta, Yamaha,Death Row Norton, DIAMO, Desperado, QLINK, Ducati, Eton, Paramount, Kymco, Orange County, Piaggio, Lambretta, Precision, Thunder, Polaris, Saxon, Fischer, Suzuki, Mountain, Flying Tiger, Swift, Harley Davidson, Titan
SPARTA currently offers three other outstanding financing products for new or used motorcycles and select scooters: The SPARTA Flex Lease, the SPARTA Purchase Plus Lease and the Sparta Sport Loan.
| SRCO Flex Lease: |
With the SPARTA Flex Lease, your customers will almost always have a lower monthly payment than that of a retail installment sales contract on the same vehicle. Plus, they’ve got 4 options at lease end…which no retail installment sales contract offers:
- They can buy the vehicle for the original residual amount;
- They can re-lease the vehicle for an additional limited period;
- They can upgrade to a new vehicle, or
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They can simply turn in the vehicle and walk away with no further obligation assuming there are no outstanding Lease Agreement obligations, other than the residual.
| SRCO Purchase Plus Lease: |
SPARTA also offers a “Purchase Plus Lease” product that is designed expressly for customers who definitely want to own the vehicle at lease end.
This program normally carries an 11% residual and has an initial term of up to 60 months, making it function similar to a retail installment sales contract. At lease end, the customer can choose whether or not to pay a relatively small agreed upon pre-set and affordable residual balance to complete the purchase of the vehicle.
| SRCO Sport Loan: |
The SPARTA Sport Loan is their traditional retail installment sales contract finance product, but with the same liberal credit criteria that so many dealers want. We developed the SPARTA Sport Loan specifically for those customers who are determined to “own” their vehicle immediately, and because we want our dealer network to have the best choice of financing products from one source…SPARTA.
About Sparta Commercial Services
Sparta Commercial Services is a New York-based, nationwide financial services company dedicated to the powersports industry, offering financing and leasing products to consumers and retail powersports dealers, as well as a variety of commercial products for governmental agencies that require motorcycles and other equipment for law enforcement activities.
Visit SPARTA Commercial Services Inc. (SRCO.OB) for more information at http://www.spartacommercial.com
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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received ten thousand dollars cash and 800,000 free trading shares from a third party (QUEBEC INC.) for 1 week of advertisement services for Sparta Commercial Services Inc. (SRCO.OB)
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