Tower News & Blog

Tower provides an insight to the current leasing industry, articles covering new starts to established businesses and what the team have been up to recently. Follow our journey to supporting business growth across the UK.

4 common challenges all SMEs will face (and how they can be overcome)

When small businesses are in the early years of operation, there are an array of challenges that are likely to crop up. If you are new to the world of business, and the SME you are currently operating is your first solo venture into your particular marketplace, it...

5 growth strategies for small businesses

Growth is fundamental to the survival of your business, which is why you should plan for it from the very beginning. Without a growth strategy, your business will plateau very quickly or even worse, fail. There are several growth strategies for small businesses that...

Buy or lease? Why leasing equipment could be the option for you in a post-Covid business environment

2020 was a difficult year for individuals and businesses alike, and though it would appear that the COVID-19 pandemic could soon be brought under control due to the incredible work of the world’s scientists, life is unlikely to return to normal immediately. Businesses...

4 reasons why your loan application was rejected

Having access to loans is important for business growth. However, it is not uncommon for banks to reject loan applications from SMEs and start-ups. As disappointing as this might be, try and find out why the bank rejected your loan application so that the next one...

3 tips for building sustainable business growth

All business owners appreciate that business growth can go horribly wrong if not planned correctly. These three simple tips can help you ensure sustainable business growth for any kind of SME. Although rapid growth in business size sounds great during challenging...

Understanding loan terminology

As an SME owner, taking out a loan can be a great way to get your business started or increase its momentum. But entering the world of business loans can be very confusing, in part due to the complex terminology which is used by loan providers. Whether you’re...