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Sparta Commercial Provides Municipal Lease Program to City of Beaumont, TX

July 02, 2015, 07:00 AM
Filed Under: Municipal Finance

Sparta Commercial Services  announced that the City of Beaumont in Texas has become the latest jurisdiction to take advantage of Sparta's growing Municipal Lease program with the city's acquisition of a fleet of new BMW police motorcycles for its police department.

In recent years, an ever-increasing number of cities, counties, and towns across the country have turned away from the tradition of purchasing their essential equipment, which requires total up-front payments, in favor of Sparta's Municipal Lease Program. The Sparta program enables municipalities to pay the cost of equipment over time, providing local government agencies with the benefit of lowering their annual capital outlays as they acquire the critical equipment they need.

The Sparta Municipal Lease Program can accommodate a wide variety of asset classes, from cars to motorcycles, from fire equipment to tactical vehicles, from trucks to busses, and virtually any type of essential-use equipment in which cost is more favorably budgeted through multi-year leasing, rather than outright purchase.







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