Tower Leasing has found the ultimate way of enhancing its offer to the vending industry. The company has recruited one of vending’s most popular ‘characters’, namely Kevin Reed, who has joined Tower Leasing as National Sales Manager. As most PV readers know, he brings to Tower Leasing 30 years of unparalleled success in business finance. And a wicked sense of humour, writes Ian Reynolds-Young
‘We’re delighted to have someone with his experience and knowledge on board’, Tower Leasing M.D. Kerry Howells said. ‘We’re sure that Kevin Reed will continue to build relationships as he always has and in so doing, create a strong presence for Tower Leasing in the vending industry.’
Established in 1989, Tower Leasing Ltd has grown from a small brokerage to becoming a lessor and one of the UK’s leading finance partners, enabling companies across the UK to acquire much needed capital equipment through leasing; thereby creating opportunities for customers to manage cash flow whilst, at the same time, being able to secure the latest assets and technology. After all, that’s what keeps vending operators competitive. The company also delivers funding to support business growth, via a wide range of finance solutions.
Tower Leasing has the UK covered: Head office is in Bracknell; there’s a regional office in Tamworth and they’re also in Northern Ireland.
‘It’s been an exciting time for the business as we look back on 30 great years in the finance industry and continue to build strong relationships with our funders, partners and customers’, Kerry said. ‘We really believe that it’s our commitment to exceptional service, together with our knowledge, efficiency and experience, which makes customers think of us as an integral part of their success. Having Kevin on board can only add to that impression.’
Tower Leasing and the Vending Industry
The company has built successful partnerships with NIVO and Refreshu by offering members of these buying groups exclusive finance rates. This has enabled them to increase business opportunities by ensuring their customers can avail themselves of flexible payment options to acquire the vending and coffee equipment they need to take their offers forward.
As for my old mate (and yours) Kevin Reed, he’s enthusiastic about his new job – no surprises there, then – and he’s confident that, in his new role, he can continue to help vending operators build on their success.
‘There’s a real focus at Tower Leasing on working with customers to take advantage of opportunities in the marketplace as they present themselves’, Kevin said. ‘The acceptance rates we’re achieving are leading the industry and because of our flexible underwriting, we can usually make decisions within twenty-four hours.
‘Tower’s not just about blue-chips’, Kevin told me, ‘we work with SMEs and start-ups too; to provide highly competitive finance packages that are tailored to the specific needs of individual customers. In fact, we have access to £25.5m of British Business Bank funding, ring-fenced to support SMEs.
‘Our service is fast and efficient’, Kevin added, ‘largely because a lot of the ‘paperwork’ formalities are completed through our online proposal platform and we accept electronically signed submissions. There’s fast payment when installations are completed and throughout the whole process, customers have Tower’s dedicated and experienced support team at their disposal.’
‘To fund the purchase of machines, or for alternative finance solutions such as vehicle acquisition, business loans and invoice financing, Tower Leasing really is vending’s one-stop shop and I’m looking forward to working with customers old and new in the coming months and years.’
I’d wish him ‘good luck’, but Kevin tends to make his own luck, doesn’t he?