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St. Pauls, NC Turns to Sparta’s Municipal Lease Program

November 06, 2015, 06:30 AM
Filed Under: Municipal Finance

Sparta Commercial Services announced that for the fourth time, the town of St. Pauls, NC has entered into an agreement with Sparta's Municipal Leasing Program to provide financing for the town's police department police cruiser fleet. St. Pauls began leasing cruisers through Sparta Commercial in 2010 with a fleet of Dodge Chargers and has continued with the program periodically with the latest acquisition being from Ford Motor. St. Pauls is just one of fourteen jurisdictions in the state of North Carolina to have participated in the Sparta Municipal Lease Program, many of whom, like St. Pauls, have continued to lease through Sparta Commercial on a recurrent basis.

The Sparta Municipal Lease Program allows municipal agencies all over the country to take advantage of the alternative the Program offers to governmental agencies to the method of purchasing their essential equipment outright. The Sparta Program supports a wide variety of essential equipment for police, fire, EMS, public transportation, administrative and public works departments, etc., and is especially helpful to those various governmental agencies looking to get more product for their budget.

Commenting on the most recent transaction, Anthony Havens, Sparta's CEO, said, "We continue to see the departments we work with come back to us time and again. Whenever we have recurring transactions with a jurisdiction like St. Pauls, North Carolina, it tells us that our Municipal Program is serving a real need and that it is appreciated and that the relationship has endured."







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