NEW YORK, NY / ACCESSWIRE / January 26, 2021 / Sparta Professional Products and services, Inc. (OTC PINK:SRCOD) (“Sparta” or “the Firm”) announces that the Village of Nassau, NY, the Town of Vanceboro, NC, and the Town of Hookerton, NC have joined its Municipal Finance Method, bringing its full membership to 101. The method will allow neighborhood governments to trim funds expenditures without chopping solutions by providing financing for every thing from a couple of radios to an complete fleet of motor vehicles.
The Nationwide League of Cities estimates that 9 out of 10 towns will be considerably less able to satisfy their demands in 2021 than in 2020. This is largely thanks to the pandemic’s two-pronged assault on the economic system: the extraordinary increase in general public health and fitness charges and the significant decrease in property and profits tax revenue.
Sparta’s Municipal Finance Method aids having difficulties municipalities, huge and tiny, by delivering very affordable financing for motor vehicles as properly as a wide wide range of other important tools for police, fireplace, EMS, public transportation, and general public performs departments. Sparta is uniquely positioned to give these solutions due to the fact its Municipal Funding Division has not been adversely impacted by the pandemic.
Anthony Havens, Sparta’s CEO, claims “The addition of these new subscribers to our system even further establishes Sparta as an indispensable useful resource to municipalities across the country.” Havens continues, “As a lot more neighborhood governments become challenged fiscally, Sparta’s Municipal Finance Division, which gives leasing choices and conventional financing, stands ready to aid satisfy their infrastructure desires.”
About Sparta Commercial Solutions Inc.
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Forward-On the lookout Statements
This press release incorporates forward-looking statements in just the which means of Segment 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are legitimate only as of nowadays and we disclaim any obligation to update this info. Actual final results may perhaps vary considerably from management’s expectations. These forward-seeking statements include challenges and uncertainties that contain, between other people, risks linked to likely long term losses, competitiveness, financing and business agreements and strategic alliances, seasonality, prospective fluctuations in functioning final results and charge of progress, administration of potential advancement, program interruption, shopper and market developments, restricted operating record, and governing administration regulation. In gentle of the major uncertainties inherent in the ahead-searching statements bundled herein, the inclusion of such information and facts must not be regarded as a illustration by the Company or any other man or woman that the objectives and designs of the Organization will be accomplished. Even more info with regards to these and other pitfalls is explained from time to time in the Company’s filings with the SEC, which are out there on its website at http://www.sec.gov.
Business Get in touch with:
Sandra L. Ahman
Sparta Commercial Products and services, Inc.
Supply: Sparta Industrial Services, Inc.
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