What Does Tower Loan Do?

Total employees1400
HeadquartersRidgeland
Founded1936

Founded in 1936, Tower Loan has grown to become a leading provider of personal installment loans across the Southern and Midwestern United States. With a strong emphasis on customer service and community involvement, Tower Loan offers financial solutions to individuals for various needs, including unexpected expenses, debt consolidation, and personal purchases. The company operates through an extensive network of local branches, ensuring accessible and personalized service for its customers. Tower Loan prides itself on understanding the financial needs of the communities it serves and providing responsible lending options.

Where Is Tower Loan's Headquarters?

Tower Loan officeTower Loan officeTower Loan officeTower Loan office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the primary administrative and operational hub, overseeing branch operations, loan origination and servicing policies, risk management, IT infrastructure, marketing, human resources, and corporate strategy.

Notable Features:

A modern office facility designed to accommodate the company's core administrative functions and support its extensive branch network. It likely features contemporary workspaces and technology to facilitate efficient operations.

Work Culture:

Tower Loan's headquarters fosters a professional work environment focused on its core values of customer service, integrity, and community support. Employees at the corporate office work to support branch staff and ensure consistent service delivery.

HQ Significance:

The headquarters is vital for strategic decision-making, policy implementation, and providing centralized support services that enable the smooth operation of its numerous branches across multiple states. It ensures consistency in lending practices and customer experience.

Values Reflected in HQ: The headquarters likely reflects Tower Loan's commitment to stability, professionalism, technological advancement in financial services, and efficient customer support.

Location:

Tower Loan's operations are concentrated within the United States, specifically serving communities in Alabama, Illinois, Louisiana, Mississippi, Missouri, and Texas. The company focuses on domestic personal finance and does not maintain an international operational footprint.

Street Address:

270 Trace Colony Park Dr

City:

Ridgeland

State/Province:

MS

Country:

USA

Where Else Does Tower Loan Operate Around the World?

Various Cities across AL, IL, LA, MO, MS, TX, USA

Address: Over 240 branch locations. Specific addresses can be found using the branch locator on the Tower Loan website.

To provide accessible, localized financial services and support to individuals and families within specific communities, tailoring services to meet local needs and economic conditions.

Buying Intent Signals for Tower Loan

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Tower Loan? Meet the Executive Team

As of April 2025, Tower Loan' leadership includes:

R. Fred Maschanck - Chairman Of The Board
Michael T. Maschanck - Chief Executive Officer
Mark P. Maschanck - Chief Operating Officer
Adam P. Maschanck - Chief Credit & Analytics Officer
Rusty Phillips - Chief Financial Officer
Darrell Cooper - Chief Information Officer

Who's Investing in Tower Loan?

Tower Loan has been backed by several prominent investors over the years, including:

Tower Loan is a privately-held, family-owned company. Specific investor information beyond the founding family and internal stakeholders is not publicly disclosed.

What Leadership Changes Has Tower Loan Seen Recently?

Hire0
Exits0

No major C-suite executive hires or departures have been publicly announced for Tower Loan in the last 12 months. The company appears to have maintained stability in its senior leadership team during this period.

What Technology (Tech Stack) Is Used byTower Loan?

Discover the tools Tower Loan uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Tower Loan Email Formats and Examples

While Tower Loan's specific internal email format is not publicly confirmed, companies in the financial sector often use standardized formats. Common patterns include [first_initial][last_name]@towerloan.com or [first_name].[last_name]@towerloan.com. For official communications, it's always best to use contact forms on their website or verified customer service channels.

[first_initial][last]@towerloan.com OR [first].[last]@towerloan.com

Format

jdoe@towerloan.com or jane.doe@towerloan.com

Example

70%

Success rate

What's the Latest News About Tower Loan?

JD Supra / Various News Outlets • February 29, 2024

Tower Loan Reports Data Breach Impacting Customer Information

Tower Loan announced a data breach that potentially exposed the personal information of over 270,000 individuals. The compromised data may have included names, addresses, Social Security numbers, dates of birth, and Tower Loan account details. The company stated it took steps to secure its systems and notified affected individuals....more

Clarion Ledger • October 22, 2023

Tower Loan Recognized as a Top Workplace in Mississippi for 2023

Tower Loan was named one of Mississippi's Top Workplaces for 2023 by the Clarion Ledger. This recognition is based on employee feedback and highlights the company's commitment to fostering a positive and supportive work environment....more

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