This puts Tower Leasing in a unique position of being able to offer qualifying customers asset finance from between £5,000 and £249,999 with no personal guarantees required and businesses that have taken out a CBILS, CLBILS or BBLS facility are able to access the new scheme subject to the borrowing limit of RLS.
Tower Leasing are here to support business no matter how small or big of a challenge. With businesses experiencing financial difficulty, their mission is to help secure the business equipment needed.
Berkshire-based Tower Leasing are headed up by managing director Kerry Howells, who has worked in the financial world for over 24 years, and Mark Kemp, who has 26 years’ experience and a relationship with us that spans more than 20 years, having worked for our previous leasing partner.
KFE managing director Paul Williams, comments: “We’re delighted to partner with Tower Leasing and once again pick up our relationship with Mark Kemp who has arranged hundreds of finance leases for Kiremko customers for the purchase of frying ranges with a total value well exceeding £15 million pounds.
“Accessing finance is crucial to the lifeblood of a business and by teaming up with Tower Leasing, who are experts in the equipment industry, we can help more customers access the funding they need to secure the latest frying range technology and grow their businesses.
“In addition, by offering customers that have been affected by Covid access to the RLS with its improved terms, Tower Leasing can help fish and chip businesses recover and grow during a time of continued uncertainty.”
Leasing equipment has multiple benefits, enabling businesses to acquire the latest technology by spreading the cost of the purchase, therefore supporting cash flow within the business, accompanied by substantial tax advantages as payments are tax-deductible.