Tower News & Blog

Figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in November was £2.5bn, a similar level to the same month in 2016. The commercial vehicle finance and IT equipment finance...

New business for asset finance in the UK was down 6% year-on-year in September, to £2.7bn (€3bn), figures from the Finance and Leasing Association (FLA) have shown. Excluding high value items, which in September accounted for around £10m, the fall was softer, at -2%....

Sweet Scent, the retail chain specialising in the sale of candles and other scented goods, is open its biggest Welsh store in Swansea after securing support from Tower Leasing. The retailer, which was founded by Catherine Williams, will open its seventh site later...

1. Forecast your cashflow  Before you do anything else, the first step to take is to put together a cashflow forecast. This forecast estimates all the cash inflows and outflows of the business - when you are expecting to be paid by customers and when you have to make...

If you own a business, be it a new start up sole trader or a long established limited company, you have probably never had so many options when it comes how you arrange finance. On the plus side the increase in lenders and product types has made money far easier to...

My small business runs out of cash because of late payments even though it's doing well. How can I help manage cashflow?At the end of the month I sometimes struggle to cover my overheads, in particular staff salaries, supplier invoices and office rent. It’s only...

Within the leasing and asset finance industry the underwriting and credit function has remained relatively static for the last decade if not longer. The traditional methods of looking at the relevant credit elements such as filed accounting information, bank...

Midlands  asset finance has recently become one of, if not the first, of the large finance brokers to launch their own online funding platform. This, coupled with the news of NACFB stalwart, Adam Tyler's announcement, are we witnessing the beginning of the end for...

Found part of the missing puzzle, Scott brings with him a wealth of knowledge and will be pivotal in increasing our presence within the IT sector.

Find out the 5 tips to improve cashflow.

FLA: Asset finance grew 8% year-on-year in February to £2.15bn The latest stattistics have been relased. Relevant Blogs

On 26th March 2016 the SBEE will come into affect with the aim to improve the UK's business climate and economic position. The question on many peoples' minds is: how will the act affect UK SMEs? As of 26th March 2016 the Small Business, Enterprise and Employment Act...