Tower Leasing Reviews

Tower Leasing provides tailored financing solutions with excellent customer reviews, highlighting their commitment to flexible and client-focused leasing options.

Here are the Trustpilot Reviews from Tower Leasing:

Here are the Reviews from Tower Leasing:

Absolutely disgraceful company, charging Â£156 a month for 4 phones & some âphone agreementâ and initial training on a 6 year contract for rental, so will never own these phones! Have said... See more

Matt Blomeley

Terrible Experience â Feels Like a Scam! I keep receiving constant promotional emails from this company, pushing their services. But every time I try to respond or ask for more information, they... See more

Khalil

They direct debited 'accidentally' tens of thousands of pounds out of our company account and then took a week to a return the money. Do not use, they are crooks, you will get fleeced.

Sam Reed

Tower leading financed a coffee machine for our pub. Itâs been about a year into our relationship and whilst their customer services seems switched on, their accounts team really struggle to get invoi... See more

Alan Edge

Great company to work with and Sam Buckley, Emma and Steph at Tower are a pleasure to deal with. I highly recommend Tower for financing equipment. Date of experience: January 09, 2020

Alan Riddoch

I have been most impressed with the service/attention and support from Stephen Jenkins. I would have no hesitation in recommending Tower Leasing and will continue to work with them going forward. Date of experience: April 29, 2019

Bernie Herriot

Explore Tower Leasing's Finance Solutions:

Finance Lease (Lease Rental)

£1,000 – £500,000+ per agreement

Hire Purchase (HP)

£1,000 – £500,000+ per agreement

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Explore Tower Leasing's Finance Solutions:

Loan Type:

Finance Lease (Lease Rental)

Loan Range:

£1,000 – £500,000+ per agreement

Loan Terms:

1 – 7 years

Minimum Turnover and Trading Age:

Start-ups accepted; stronger rates for 2+ years trading

Interest Rate:

Information not publicly available (fixed rental agreed at outset)

Fees:

Documentation/administration fee typically £95 – £195; end-of-lease option fee £100 – £150

Loan Type:

Hire Purchase (HP)

Loan Range:

£1,000 – £500,000+ per agreement

Loan Terms:

1 – 7 years

Minimum Turnover and Trading Age:

Typically 12 months+ trading, but start-ups considered

Interest Rate:

Information not publicly available (fixed rate agreed up-front)

Fees:

Documentation fee £95 – £195; option-to-purchase fee £10 – £50 at end of term

Loan Type:

Unsecured Business Loan

Loan Range:

£10,000 – £250,000

Loan Terms:

1 – 5 years

Minimum Turnover and Trading Age:

Minimum 12 months trading and £100k annual turnover (guideline)

Interest Rate:

From c. 7% flat (representative APR not disclosed)

Fees:

Arrangement fee 2% – 5% of amount borrowed; no early repayment penalties stated

Loan Type:

Sale & Leaseback / Refinance

Loan Range:

£5,000 – £500,000 depending on asset value

Loan Terms:

1 – 5 years

Minimum Turnover and Trading Age:

6 months+ trading and evidence of asset ownership

Interest Rate:

Information not publicly available

Fees:

Valuation and documentation fees may apply (quoted case-by-case)

Loan Type:

VAT & Tax Funding Loan

Loan Range:

£5,000 – £250,000

Loan Terms:

3 – 12 months

Minimum Turnover and Trading Age:

12 months+ trading

Interest Rate:

Information not publicly available

Fees:

Arrangement fee 2% – 3%; no early settlement rebate

Loan Type:

Software & Technology Finance

Loan Range:

£1,000 – £250,000 per project

Loan Terms:

1 – 5 years

Minimum Turnover and Trading Age:

Start-ups accepted with suitable guarantor

Interest Rate:

Information not publicly available

Fees:

Documentation fee £95 – £195

More About Tower Leasing

Tower Leasing Limited, established in 1989 and authorised by the FCA, is an independent finance company serving UK SMEs. It offers asset finance, leasing, and commercial loans, acting as both lender and broker. This makes it a potential option for businesses seeking funding for equipment and working capital, including start-ups and early-stage companies. More about asset finance and business loans can be explored for context.

Key Features of Tower Leasing Limited

Tower Leasing provides a comprehensive service with quick decision times and solid support mechanisms for borrowers and vendor partners.

Online vendor proposal portal offering instant credit searches enhances convenience. Learn more about asset finance options.
Electronic signatures speed documentation and completion. See the application form.
Dedicated account managers provide personalised telephone support. Explore business loan options.

Funding Eligibility

You may qualify for lending from Tower Leasing if your business meets minimum trading periods and turnover guidelines. Personal guarantees from directors or owners are generally necessary. For detailed eligibility, see guides on how to qualify for a business loan in the UK, guarantor roles, and understanding personal guarantees.

Loan Options

Tower Leasing offers several product types suited to various business needs, from secured asset financing to unsecured loans.

Finance Lease: £1,000 – £500,000+ with 1 to 7 years terms. Fixed rentals protect budgeting and VAT can be spread. Personal guarantees required. More details at asset finance.
Hire Purchase: £1,000 – £500,000+ for 1 to 7 years. Ownership passes after final payment; upfront VAT and deposit needed. Personal guarantees are standard. Information at asset finance.
Unsecured Business Loan: £10,000 – £250,000 over 1 to 5 years. No asset security but personal guarantees required. Interest rates from about 7%. Learn about unsecured business loans.
Sale & Leaseback / Refinance: £5,000 – £500,000, 1 to 5 years. Releases working capital from owned assets; personal guarantees apply. See business loan refinancing.
VAT & Tax Funding Loan: £5,000 – £250,000 for 3 to 12 months. Spreads tax bills with fixed repayments; personal guarantees required. Explore business loans.
Software & Technology Finance: £1,000 – £250,000 for 1 to 5 years. Funds software licenses and projects with personal guarantees. More on asset finance.

How to Apply

Expect a streamlined online application with prompt decisions and standard documentation requirements.

Submit your application online or via email through the vendor portal. Guidance at loan application process.
Provide documents including signed proposal, supplier quotations or invoices, and financial accounts. Access forms at request funding form.
Decisions typically take 2 to 4 working hours for smaller deals, while larger cases may take up to 48 hours. Understand timelines at interest rates and related costs.
Sign contracts electronically to speed completion.

Funding Agent's view on Tower Leasing Limited

Tower Leasing occupies a specific UK SME finance niche, combining asset finance expertise with flexible unsecured loan options. Its swift credit decisions and openness to start-ups may benefit growing enterprises needing equipment or working capital. However, the common requirement for personal guarantees and non-transparent rates may deter established businesses seeking large, cost-effective secured loans. For tools and further advice, see our finance tools, eligibility guide, and financing options overview.