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Holden Beach, NC Returns to Sparta Commercial’s Municipal Lease Program

December 19, 2016, 06:37 AM
Filed Under: Municipal Finance

Sparta Commercial Services announced that the Town of Holden Beach, NC has, for the third time, utilized Sparta's Municipal Leasing Division for acquiring additional vehicles for their Police Department's Special Vehicle fleet.

Sparta's Municipal Leasing Program is a highly popular source for the acquisition of essential equipment by cities, towns, and other municipal jurisdictions around the country. The popularity of the program is due to its ability to provide governmental agencies with a more economical method for acquiring needed vehicles and other equipment than traditional up-front purchasing. The Sparta alternative enables jurisdictions to spread the payments over time, making budgeting much more flexible while still securing the often costly items that are required.

Frank Dilworth of the Holden Beach PD commented, “Our department made the decision to try financing select vehicles initially in 2013. We chose Sparta Commercial Municipal Leasing as a source, as we could see they had a good reputation in the community and had a good existing relationship with our vehicle vendor. Our needs were a bit specialized in that we required funds disbursed not only for the vehicle, but for cage, video, and communication accessories as well. Sparta was able to smoothly work with all of our vendors on the financing side, allowing us to concentrate on the simple delivery of the vehicle. We have since gone back to Sparta in 2014 and again just now in 2016. Nothing has changed - Sparta makes the process as easy as possible and gives us flexibility in our budget so we don’t have to decide between competing needs.”

Anthony Havens, CEO of Sparta Commercial Services, Inc., noted, "We've seen a clear pattern in that municipal agencies that use our program often use it again as new needs arise. This naturally recurring business is great for the company as it allows us to concentrate our marketing efforts in more needed places, and it is great for the clients we serve as they can be confident that they will be supported by a reliable solution when new equipment is required."

Sparta has already provided finance leasing to 24 other Carolina agencies, including the cities of Raleigh, Charlotte and Greenville.







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