It all started back in 1936, when Tower Loan first opened for business as a small loan processor in Mississippi. The idea of specialized financial loans was still new to the American economy back then, and the fact that the country was on the brink of depression at the time would have deterred many from creating a financial institution. Instead, that time was seen as an opportunity to help others through a turbulent time, and it worked.

Now, 78 years later, Tower Loan is still a standing figure of how to succeed in the financial industry. With its endurance of recession, stilling legislative processes and raised interest rates, Tower Loan has remained an ever-growing entity. In the late 1900’s and early 2000’s the company made a heavy amount of acquisitions throughout Mississippi, Missouri, Alabama, Illinois and Louisiana, expanding its operations to over 200 offices with a total of over 800 employees and a quarter-million satisfied customers. And it only keeps getting bigger.

Much of this success is credited to an incomparably high priority placed on excellent customer service. Each team member is trained to maintain a professional, polite and courteous manner that harbors a personalized approach to the processing of each loan application. Each branch has locally-trained staff that are familiar with the local economy as well as lifestyle in that particular area. This gives them a specialized knowledge of the people who walk through their door every day, and helps increase their ability to develop close relationships with all clients. Tower Loan’s mission statement is as listed below.

“Tower Loan's mission is to serve the financial needs of a diverse group of customers through hard work, honesty, and a total commitment to excellence in order to provide superior returns for our shareholders. We do this by providing the highest quality of services at a reasonable cost. Our uniform methods and guidelines provide a solid foundation for responsible growth and fair treatment for our customers. We pursue our goals with fearless determination and stamina that cannot be matched and provide rewarding careers for the bright and energetic people we employ.”

About: Tower Loan, a successful loan company.