Agoge Global USA, Inc. Achieves Milestone of $1,000,000 in Lending Capacity, Poised for Continued Growth
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 (OTC PINK:SRCO) ha annunciato che la sua sussidiaria, Agoge Global USA, in collaborazione con WeDev Group Ltda., ha superato 1.000.000 di dollari in volume di prestiti attraverso la loro piattaforma EZBroker360. Questo traguardo arriva poco dopo il lancio della piattaforma, che fornisce credito privato a importatori/esportatori per costi tradizionalmente non finanziati.
L'azienda riporta una crescente pipeline con i primi utenti che aumentano le loro transazioni e nuove richieste riguardo la capacità di prestito. La piattaforma EZBroker360 funge da soluzione centralizzata e integrata per gestire le operazioni di importatori/esportatori. L'azienda dichiara di essere posizionata per aumentare la capacità di prestito in meno tempo rispetto a quanto ci è voluto per raggiungere il loro primo obiettivo.
Sparta Commercial Services (OTC PINK:SRCO) anunció que su subsidiaria, Agoge Global USA, en asociación con WeDev Group Ltda., ha superado $1,000,000 en volumen de préstamos a través de su plataforma EZBroker360. Este hito se logra poco después del lanzamiento de la plataforma, que ofrece crédito privado a importadores/exportadores para costos que tradicionalmente no se financian.
La empresa informa de un flujo creciente de solicitudes, con los primeros usuarios aumentando sus transacciones y nuevas consultas sobre la capacidad de préstamo. La plataforma EZBroker360 sirve como una solución centralizada e integrada para gestionar las operaciones de importadores/esportadores. La empresa afirma que está en posición de aumentar la capacidad de préstamo en menos tiempo del que tardó en alcanzar su primer objetivo.
Sparta Commercial Services (OTC PINK:SRCO)는 자회사인 Agoge Global USA가 WeDev Group Ltda.와 협력하여 EZBroker360 플랫폼을 통해 1,000,000달러 이상의 대출량을 초과했다고 발표했습니다. 이 이정표는 플랫폼 출시 직후에 달성되었으며, 수입업체/수출업체를 위한 전통적으로 금융 지원이 없었던 비용에 대한 개인 신용을 제공합니다.
회사는 초기 사용자들이 거래를 증가시키고 대출 가능성에 대한 새로운 문의가 증가함에 따라 증가하는 파이프라인을 보고하고 있습니다. EZBroker360 플랫폼은 수입업체/수출업체의 운영을 처리하기 위한 중앙 집중식 통합 솔루션으로 작용합니다. 회사는 첫 번째 목표에 도달하는 데 걸린 시간보다 더 짧은 시간에 대출 용량을 증가시킬 수 있는 위치에 있다고 말합니다.
Sparta Commercial Services (OTC PINK:SRCO) a annoncé que sa filiale, Agoge Global USA, en partenariat avec WeDev Group Ltda., a dépassé 1.000.000 $ en volume de prêts via leur plateforme EZBroker360. Ce jalon arrive peu après le lancement de la plateforme, qui fournit un crédit privé aux importateurs/exportateurs pour des coûts traditionnellement non financés.
L'entreprise rapporte un pipeline en croissance avec des premiers utilisateurs augmentant leurs transactions et de nouvelles demandes concernant la capacité de prêt. La plateforme EZBroker360 sert de solution centralisée et intégrée pour gérer les opérations des importateurs/exportateurs. L'entreprise déclare qu'elle est positionnée pour augmenter sa capacité de prêt en moins de temps qu'il n'en a fallu pour atteindre son premier objectif.
Sparta Commercial Services (OTC PINK:SRCO) hat angekündigt, dass ihre Tochtergesellschaft, Agoge Global USA, in Zusammenarbeit mit WeDev Group Ltda., ein Darlehensvolumen von über 1.000.000 US-Dollar über ihre EZBroker360-Plattform überschritten hat. Dieser Meilenstein wird kurz nach dem Start der Plattform erreicht, die privaten Kredit für Importeuren/Exporteuren für traditionell nicht finanzierte Kosten bereitstellt.
Das Unternehmen berichtet von einer wachsenden Pipeline mit ersten Nutzern, die ihre Transaktionen erhöhen und neue Anfragen nach Kreditkapazität stellen. Die EZBroker360-Plattform dient als zentralisierte, integrierte Lösung für die Abwicklung der Geschäfte von Importeuren/Exporteuren. Das Unternehmen erklärt, dass es positioniert ist, die Kreditkapazität in kürzerer Zeit zu erhöhen, als es benötigt wurde, um das erste Ziel zu erreichen.
- Achieved $1,000,000 in lending volume milestone
- Growing customer pipeline with increasing transaction volume from early adopters
- Successfully established market presence in underserved import/export financing segment
- None.
NEW YORK CITY, NY / ACCESS Newswire / February 11, 2025 / Sparta Commercial Services, Inc. ("Sparta" or "Company") (OTC PINK:SRCO), a leading private credit provider, is excited to announce that its subsidiary, Agoge Global USA, Inc. ("Agoge"), with its joint venture partner, WeDev Group Ltda., has surged past another major milestone in its growth journey. The Company's lending volume has exceeded
"Our team has worked tirelessly to build a centralized, integrated platform, EZBroker360, to handle all the importers/exporters' moving parts," said Eduardo Ribeiro, WeDev Group CEO. "The private credit Agoge provides in combination with this is a simply stunning offering to our customers. Reaching
"Our business model is designed for sustainable growth," continued Mr. Havens. "With the systems we have in place, we are well-equipped to support even larger lending volume, and we are excited about the opportunities that lie ahead. As always, our team is focused on creating long-term value for both our clients and investors."
As the Company continues to scale, Sparta remains committed to providing top-tier service, flexible private credit products, and cutting-edge fintech solutions to meet the diverse needs of its expanding customer base.
For more information about Agoge Global USA, Inc. and its offerings, please visit www.agogeglobalusa.com.
About Sparta Commercial Services, Inc.
Sparta Commercial Services, Inc. (www.spartacommercial.com) was founded in 2004 and is the parent company of three subsidiaries in addition to Agoge Global USA, Inc., iMobile Solutions, Inc., New World Health Brands, Inc., and Sparta Crypto, Inc., offering a variety of products and services.
About Agoge Global USA, Inc.
A subsidiary of Sparta Commercial Services, Inc., Agoge Global USA, Inc. is a provider of finance, facilitation, and communications, within the import/export sector. With a focus on underserved markets, innovation, and customer satisfaction, Agoge strives to deliver exceptional value for its clients. For more information, visit www.agogeglobalusa.com.
About WeDev Group Ltda.
WeDev Group Ltda. is a Brazilian innovator focused on the disruption of traditional standards by fostering innovation and growth through new business models capable of transforming the way the world works.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, competition, financing and commercial agreements and strategic alliances, seasonality, possible fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: www.sec.gov.
Company Contact:
Sandra L. Ahman
Corporate Secretary
Sparta Commercial Services, Inc.
sandy@spartacommercial.com
SOURCE: Sparta Commercial Services, Inc.
View the original press release on ACCESS Newswire
FAQ
What lending milestone did Sparta Commercial Services (SRCO) recently achieve?
What market segment does SRCO's Agoge Global USA target?
What is EZBroker360 and how does it benefit SRCO's operations?
How fast is SRCO expecting to increase its lending capacity beyond the $1M milestone?
