Sparta Coml Svcs Inc Stock Price, News & Analysis

Sparta Commercial Services (OTCQB:SRCO) announced that its subsidiary, Agoge Global USA, has doubled its lending capacity to $2 million through its EZBroker360 platform, which serves Brazil's $277.6 billion import market. The platform provides staged financing and automated payment solutions for Brazilian importers.

The company's solution reduces customs clearance time from 20 business days to approximately 8 days, targeting loans under $500,000 with durations under 180 days. Agoge aims to reach $100 million in annual transaction volume, focusing on high-volume sectors including automobiles, textiles, machinery, vehicle components, wines, and specialty goods.

Sparta Commercial Services (OTCQB:SRCO) has successfully uplisted from the OTC Pink Market to the OTCQB Venture Market, effective June 26, 2025. The company will continue trading under the same ticker symbol "SRCO". The uplisting was approved by OTC Markets Group Inc.

CEO Anthony Havens highlighted that this move will provide enhanced market visibility and introduce the company to a broader investor base.

Sparta Commercial Services, Inc. (OTC: SRCO) announced the renewal of a global credit line agreement between its subsidiary Agoge and Patta Brazil. This partnership extension aims to support Patta's import growth and financial stability.

Since beginning their relationship, Patta has experienced enhanced cash flow flexibility, allowing them to meet supplier deadlines, reduce operational costs, and expand import volume. The credit line has been important for Patta's growth, enabling increased hiring and operational scaling.

With this renewal, Patta Brazil targets an annual goal of 120 containers over the next five years. The company has already seen significant gains with a 50% projected revenue increase this year alone.

Agoge's financing model offers direct access to decision-makers, competitive rates, and a streamlined approval process, positioning it as a trusted partner for businesses optimizing import financing strategies.

Sparta Commercial Services (OTC PINK:SRCO) announced that its subsidiary, Agoge Global USA, in partnership with WeDev Group Ltda., has exceeded $1,000,000 in lending volume through their EZBroker360 platform. The milestone comes shortly after the platform's launch, which provides private credit to importers/exporters for traditionally unfinanced costs.

The company reports a growing pipeline with early adopters increasing their transactions and new inquiries about lending capacity. The EZBroker360 platform serves as a centralized, integrated solution for handling importers/exporters' operations. The company states it is positioned to increase lending capacity in less time than it took to reach their first target.

Sparta Commercial Services, Inc. (OTC PINK:SRCO) reports strong initial success for its subsidiary Agoge Global USA, Inc.'s EZBroker360 platform since its launch on July 31, 2024. The platform, developed in partnership with WeDev Group Ltda., has seen a notable increase in client transactions. Key highlights include:

- Positive market adoption and growing client interest
- Successful implementation across various trading organizations
- Comprehensive suite of services improving efficiency and reducing costs for Brazilian importers and exporters
- Several transactions nearing completion of a 'full loan cycle'
- Plans to onboard additional clients as bandwidth grows

The company aims to capitalize on this momentum by introducing new products and services to drive growth in the expanding import/export market.

Sparta Commercial Services, Inc. (OTC PINK:SRCO) launched EZBroker360, operated by its subsidiary Agoge Global USA, at the 2024 Startup Summit in Florianópolis, Brazil. The event, hosted by Sparta's joint-venture partner Wedev Group Ltda., attracted over 10,000 participants. EZBroker360 aims to revolutionize financial management for Brazilian importers and exporters by combining a Merchant of Record model with comprehensive services, including invoice management, bill of lading, import/export declarations, and staged financing.

The product offers extended payment terms up to 120 days and covers supplier payments, freightage, and associated costs. Already successfully launched with several companies, EZBroker360 is gaining traction rapidly, with a growing waiting list of interested customers. The launch highlights Sparta's expansion into the Brazilian market and its partnership with Wedev Group to foster innovation in global business growth.

Sparta Commercial Services (OTC PINK:SRCO) announces the launch of EZBroker 360, an innovative blockchain-based import/export platform developed by its subsidiary Agoge Global USA in partnership with Brazilian software developer WeDev Group. The platform aims to simplify international trade with Brazil by:

1. Reducing payment transaction times from days to hours
2. Decreasing costs through stablecoin and blockchain technology
3. Offering staged financing for freightage, taxation, and compliance
4. Implementing industry-standard AML/KYC procedures

This solution addresses major challenges in the Brazilian market, potentially unlocking rapid growth in its $590 billion import/export sector. The platform is now live and processing transactions for both U.S. and Brazilian businesses, marking a significant milestone after substantial investment in development and testing.

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