Tower News & Blog
Business Loans – Understanding evolving terminology
When applying for a business loan from a bank, building society or any other finance provider, we often have an important decision to make: do we secure the finance against our business or do we opt for a traditional unsecured loan? Both are viable options, depending...
4 (often overlooked) tips for launching a small business
Figures released by the Federation of Small Business (FSB) have revealed that there were around 5.8 million small businesses in the UK at the start of 2019. Given that fact, you could be forgiven for thinking that all relevant tips and advice are common knowledge, but...
What does success for an SME actually look like?
Everyone who launches a business wants it to be 'successful'. This word is thrown around as though it is tangible, but it is not; what does success for an SME actually look like, and how can you go about measuring it? A successful business needs goals and ambitions,...
Financial New Year’s resolutions for small businesses
As we enter the new year, it is the ideal time to review your business' financial practices and consider any changes which could benefit your business. The following are some great resolutions for small businesses which could help your business stay out of the red...
Need a new vehicle? What are your funding options?
Whether you need a work vehicle to carry tools and materials, a reliable estate with which to visit clients or a fleet of vehicles to make your logistics business a success, funding the cars, vans or trucks you need can be a challenge. Buying outright isn't always the...
3 common business loan scams – and how to avoid them!
Over the past decade, online growth within the finance industry has made it easier than ever for owners of small businesses and startups to access alternative funding and equipment finance. Unfortunately, this has also led to an increase in criminal loan scams. In the...
Four indicators it’s time to expand your small business
Owning your own business can be exciting for anyone – even more so when your SME has expanded from a small operation into something far more successful. The next few steps after that success are vital – whether it’s equipment leading to expanding, increasing space or...
Don’t crash your credit rating
Running an SME is a complex financial balancing act. Whether you’re just starting out or seeking to expand established operations, you need to make every pound count. Whatever you do, don't crash your credit rating! Here are three easy ways to keep your business...
You’ve been turned down for a bank loan – now what?
Funding is a challenge for businesses of any size. Whether you are a one-man band, a small start-up or a growing business with 50+ members of staff, at some point you will need a cash injection to help ensure the future of your firm. And for most SME owners, the first...
How to deal with a default
Most businesses need a little extra support from time to time, whether in the form of business loans, invoice finance or equipment leasing. It’s a simple transaction – the business owner applies for finance, and they receive a quote for the amount that they can...
What is the Bank Referral Scheme and how can it help your business grow?
Small business funding can be hard to come by, especially as banks tighten up their lending requirements amid an economic slowdown and the threat of a no-deal Brexit. According to recent research by the SME funding platform Code Investing, the average conversion rate...
Aldermore’s Annual Football Tournament for Headway UK
This year, Tower Leasing were known as 'Andros Towersend FC' for Aldermore's Annual Football Tournament for Headway UK. Headway - the brain injury association is a charity set up to give help and support to people affected by brain injury. Together, we joined a number...
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