NEW YORK, NY–(Marketwired – Aug 26, 2013) – Sparta Commercial Services, Inc. (OTCQB: SRCO) announced today that through its Municipal Lease Program, the Company has entered into a second agreement to provide the Clayton, NC police department with the financing necessary to further expand its fleet of BMW police motorcycles. Clayton is one of ten North Carolina municipalities utilizing Sparta’s Municipal Lease Program to meet their essential equipment needs, and the fifth thus far to return to the Sparta program for their new vehicular requirements.
NEW YORK, NY–(Marketwired – Aug 23, 2013) – Specialty Reports, Inc., a subsidiary of Sparta Commercial Services, Inc., (OTCQB: SRCO) announced today the launch of Truckchex, an online source for history reports on commercial and heavy duty trucks. The introduction of Truckchex (www.truckchex.com) follows Cyclechex, an online source for motorcycle history reports, and RVChecks, an online source for recreational vehicle (RV) history report. Those earlier released online products have been sold in every state in the United States, and the District of Columbia, as well as in forty-seven foreign countries.
NEW YORK, NY, Aug 14, 2013 (Marketwired via COMTEX) — Sparta Commercial Services, Inc. (otcqb:SRCO) today announced that the United States District Court for the Southern District of New York has upheld the company’s right to proceed on its claim for breach of the implied covenant of good faith and fair dealing against the New York branch of DZ Bank, one of the largest banks in Germany.