Tower News & Blog

Tower provides an insight to the current leasing industry, features in publications and activities we involve ourselves in. Follow our journey to supporting business growth across the UK.

Invoice financing – what you need to know

Invoice financing provides flexible funding based completely on your outgoing invoices. As your business sends out invoices to your customers, your lender will cover the amount correlating to the total invoices owed. As such, invoice financing provides an excellent...

Managing small business cash flow

Anyone who has started their own company will tell you that managing cash flow for a small business can be difficult. It is imperative that you have a tight grip on your finances and ensure that your cash flow is managed effectively, to really make your money work....

6 common mistakes of business expansion and how to avoid them

Sustaining the growth of your business can be a risky affair and there are a number of pitfalls for the unwary. The business world is challenging and competitive and financing growth with little working capital can be extremely challenging. Six of the common mistakes...

Understanding tax relief for research and development projects

If you're a company who plans to develop new services, processes or products, you could claim corporate tax relief on your research and development (R&D) projects. In this article, we explain how understanding tax relief for research & development projects can help...

FLA: Asset finance up 7% in April on last year

Figures released by the Finance & Leasing Association (FLA) today shows that asset finance new business (primarily leasing and hire purchase) grew by 7% in April, compared with the same month in 2017. Business in the plant and machinery finance and business equipment...

Benefits of leasing equipment for your business

Financing your business and buying all the needed equipment might be an uphill task especially if you are just starting out. Leasing equipment can boost your business and help you acquire essential but expensive equipment without the full costs. Here are some other...