Tower Loan and Louisiana
Back 1936, whenever customer finance industry is at its earliest stage, Tower Loan began running and it has experienced development from the time. After numerous different spaces and acquisitions, the organization quickly expanded to carry 29 workplaces over the state of Mississippi, making us the largest customer financial institution when you look at hawaii.
In 1990, Tower Loan made a decision to spread its financing philosophy across Louisiana, acquiring Reliable Finance that is louisiana-based Company. This purchase permitted the business to open up 13 offices for signature loans in Louisiana. 2 yrs later on, Tower loan obtained more workplaces, this right time from Eagle Federal Savings Bank. The purchase brought our company to 60 offices as a whole. In no time, we acquired the receivables of Gulfco Finance business in Marksville which increased Tower Loan’s size by nearly 50%. Continue reading