Tower Loan reviews

3.5

63% would recommend to a friend

(452 total reviews)

Francis C. Lee

61% approve of CEO

61% positive business outlook

Tower Loan has an employee rating of 3.5 out of 5 stars, based on 452 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tower Loan employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

452 reviews
5.0
Dec 17, 2015
Recommend
CEO approval
Business Outlook

Pros

Competitive salary Commission (incentive pay) Yearly Bonus Great relationships with supervisors and directors Upper management seems to genuinely care about employees and their families. I've been employed with Tower Loan for almost 8 years. I absolutely love working here and this place is family! We have a great CEO and upper leadership. Where else can you work with 500+ employees and everyone knows your name?

Cons

Occasional late nights and weekends. (This is based usually on personal performance).

5.0
Dec 6, 2015

Love it

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Easy work. Guaranteed 40 hr/wk, with possibility of overtime.

Cons

You have to make a lot of phone calls (at least 100 per person each day).

5.0
Nov 12, 2015

A true career

Recommend
CEO approval
Business Outlook

Pros

Very competitive salary for entry level positions with rapid advancement opportunities. Tower almost exclusively promotes from within allowing for personal growth as well as ensuring all levels of management know how operations work from the ground up. They have been in these positions and know how to handle day to day issues. I have been with the company for 7 years and have been promoted 6 times. I managed 4 offices and have supervised 2 territories. I feel those above me are personally invested in my success. The company offers many incentives such as monthly, quarterly, and yearly bonuses based on performance. I have also been able to take advantage of many performance based contests where I have won trips to Miami, a cruise, and multiple hunting trips. The company has also had a big impact on my personal/social life as I have not only made business acquaintances but many lifelong friends.

Cons

I don't know that there are many cons outside of what you would expect from any job. We are very goal oriented and as an employee you are expected to perform at a high level but there is always someone to help you get back on track during times of struggle. The only major hurdle is having to relocate for advancement opportunities. I can see how this can be difficult for young employees with children and spouses but this is a topic that is covered thoroughly throughout the hiring and training process.

Viewing 424 - 426 of 452 Reviews

Glassdoor has 456 Tower Loan reviews submitted anonymously by Tower Loan employees. Read employee reviews and ratings on Glassdoor to decide if Tower Loan is right for you.