Sparta Commercial Services, Inc. today announced the launch of a "Lease-to-Rent" program expressly tailored to retail powersports dealers and those in the powersports rental business.

According to Anthony L. Havens, CEO of Sparta, "Motorcycle rental is one of the fastest growing segments of the powersports industry, and the interest among rental operators, as well as retail motorcycle dealers, prompted us to develop a customized commercial leasing program to meet the vehicle acquisition needs of this community."

In describing the value of Sparta’s Lease-to-Rent program, Havens said, "There are already hundreds of rental operators throughout the U.S. with fleets of motorcycles that, collectively, number in the thousands. With Sparta’s Lease-to-Rent program, they will now be able to acquire or expand their fleets in a much more timely and cost effective manner."

Havens continued, "This program demonstrates Sparta’s flexibility and ability to respond to industry needs by quickly developing and implementing a program that will greatly benefit our dealers and powersports rental companies. Current indications of the rental industry’s demand are for purchases in the tens of millions of dollars annually."

Havens concluded by saying, "Although we’re officially announcing the Lease-to-Rent program today, we’ve already received a number of inquiries from rental operators who heard that we would be launching such a program. Clearly, we are in the right place, at the right time, with the right program. This suggests to me that Sparta’s Lease-to-Rent program can and should be a great success."

For more information about Sparta’s Lease-to-Rent program call Ed Menken, VP of Marketing, at 888-439-0200. For information about any of Sparta’s other consumer leasing or financing products, visit www.spartacommercial.com, or call 800-882-0778.


About Sparta Commercial Services:
Sparta Commercial Services, Inc. (www.spartacommercial.com) is an Internet-based acceptance (sales finance) and leasing company dedicated exclusively to the powersports industry, concentrating on motorcycles over 600cc, 4-stroke all-terrain vehicles, and select scooters through private label programs for manufacturers’ distributors. Sparta provides a full line of financing solutions including indirect retail installment sales contracts and direct closed-end leases, as well as related services including GAP coverage and vehicle service contracts.

Contact:
A.L. Havens, CEO
Sparta Commercial Services, Inc.
(212) 239-2666 or alhavens@spartacommercial.com