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Tower Loan and Louisiana
Back 1936, as soon as the customer finance industry is at its stage that is earliest, Tower Loan started running and it has skilled development from the time. After numerous different spaces and acquisitions, the business quickly expanded to carry 29 workplaces over the state of Mississippi, making us the biggest customer financial institution within hawaii.
In 1990, Tower Loan made a decision to distribute its financing philosophy across Louisiana, acquiring Reliable Finance that is louisiana-based Company. This purchase permitted the business to open up 13 workplaces for signature loans in Louisiana. 2 yrs later on, Tower loan obtained more workplaces, this right time from Eagle Federal Savings Bank. The acquisition brought our business 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 very nearly 50%. Read More