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Insights

Geographic Expansion Tower Loan has expanded into Missouri, demonstrating a successful track record of growth. This expansion opens up opportunities for strategic partnerships and market penetration in new regions.

Experienced Leadership With the recent addition of key personnel like Arnie Hederman and Darryl Schroeder to Tower Loan's team, there is potential to leverage their expertise and industry networks for new business connections and industry insights.

Technology Integration Utilizing a tech stack that includes Facebook Pixel, MySQL, and Google Tag Manager, Tower Loan shows a commitment to leveraging technology for operational efficiency. Sales teams can explore tech-driven strategies to enhance customer engagement and data-driven decision-making.

Financial Stability Tower Loan boasts a revenue range of $100M - 1B, indicating financial health and viability. This stability can be leveraged to attract investors, explore new growth avenues, and reassure potential clients of long-term business reliability.

Competitive Positioning In comparison to similar companies like OneMain Financial and Sun Loan Company, Tower Loan stands out with its employee count falling within the range of 501-1000, offering a size that enables personalized customer service while presenting growth potential for expanding sales pipelines.

Similar companies to Tower Loan

Tower Loan Tech Stack

Tower Loan uses 8 technology products and services including Facebook Pixel, MySQL, Font Awesome, and more. Explore Tower Loan's tech stack below.

  • Facebook Pixel
    Analytics
  • MySQL
    Database
  • Font Awesome
    Font Scripts
  • Twitter Emoji (Twemoji)
    Font Scripts
  • Module Federation
    Miscellaneous
  • Windows Server
    Operating Systems
  • SharpSpring Ads
    Retargeting
  • Google Tag Manager
    Tag Management

Tower Loan's Email Address Formats

Tower Loan uses at least 1 format(s):
Tower Loan Email FormatsExamplePercentage
FLast@towerloan.comJDoe@towerloan.com
86%
First@towerloan.comJohn@towerloan.com
8%
First.Last@towerloan.comJohn.Doe@towerloan.com
4%
F.Last@towerloan.comJ.Doe@towerloan.com
2%

Frequently Asked Questions

Where is Tower Loan's headquarters located?

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Tower Loan's main headquarters is located at Flowood, Mississippi 39232 US. The company has employees across 3 continents, including North AmericaEuropeOceania.

What is Tower Loan's official website and social media links?

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Tower Loan's official website is towerloan.com and has social profiles on LinkedIn.

How much revenue does Tower Loan generate?

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As of October 2024, Tower Loan's annual revenue reached $300M.

What is Tower Loan's SIC code NAICS code?

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Tower Loan's SIC code is 6035 - Savings Institutions, Federally Chartered NAICS code is 522291 - Consumer Lending.

How many employees does Tower Loan have currently?

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As of October 2024, Tower Loan has approximately 595 employees across 3 continents, including North AmericaEuropeOceania. Key team members include Chief Risk Officer: D. T.Chief Operations Officer: J. M.Head Csr: K. R.. Explore Tower Loan's employee directory with LeadIQ.

What industry does Tower Loan belong to?

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Tower Loan operates in the Financial Services industry.

What technology does Tower Loan use?

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Tower Loan's tech stack includes Facebook PixelMySQLFont AwesomeTwitter Emoji (Twemoji)Module FederationWindows ServerSharpSpring AdsGoogle Tag Manager.

What is Tower Loan's email format?

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Tower Loan's email format typically follows the pattern of . Find more Tower Loan email formats with LeadIQ.

When was Tower Loan founded?

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Tower Loan was founded in 1936.
Tower Loan

Tower Loan

Financial ServicesMississippi, United States501-1000 Employees

1936—Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy.
 1945—After World War II, Tower sold its offices to various employees within the company.  The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark. Under the ownership of the Clarks, Tower Loan brokers grew from a single office to 16 offices throughout Mississippi.
 1972—Following the death of Kate Clark, Jack Lee purchased 12 of Ed Clark’s offices. The 4 offices not purchased were sold to managers within Clark’s company and are still in operation today. The offices purchased by Jack Lee were located in North Jackson, Clinton, East Jackson, Yazoo City, Canton, Kosciusko, Pascagoula, Louisville, Europa, Carthage, Moss Point, and Philadelphia. In later years, the Moss Point office was merged into Pascagoula, Clinton was moved to Southwest Jackson; and East Jackson was moved to Pearl. Some of these offices operated as Tower Loan and some operated as Russell Baker Finance.
 
 2006—Tower expands operations into the state of Missouri by opening 8 offices.Tower has weathered the storm of high interest rates, recessions, government regulations and difficult litigation environments.  In spite of these obstacles, Tower Loan has continued to prosper, advance and become one of the nation’s leaders among independent finance companies.

Section iconCompany Overview

Headquarters
Flowood, Mississippi 39232 US
SIC Code
6035 - Savings Institutions, Federally Chartered
NAICS Code
522291 - Consumer Lending
Founded
1936
Employees
501-1000

Section iconFunding & Financials

  • $100M$1B

    Tower Loan's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    Tower Loan's revenue is in the range of $100M$1B

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