THE VENDIES - TOWER LEASING


Celebrating a vibrant and successful industry


Tower Leasing has joined the sponsors line-up for The Vendies 2020. VI asked business specialist Kevin Reed about the company’s involvement this year and how Tower is working to benefit all in vending


What does Tower Leasing like about The Vendies? The Vendies is an industry-recognised event with excellent networking opportunities. It allows both suppliers and operators to promote what’s new and


exciting and their accomplishments during the year. It recognises success in the sector and also demonstrates the harmony throughout vending with representation across the sector.


Why are you sponsoring the Best Regional Operator


category? At Tower, we believe in embracing technology, continuing to grow and adapt in the marketplace. We recognise success is built upon the strength of our team which is led by the opportunities for internal growth and development. We also believe the winner of this category will be a forward thinking and a successful operator who has shown development in their products and services to deliver the needs of their consumers.


Why should the industry get involved by entering voting


and attending? We are all involved one way or another in this wonderful industry. Involvement in The Vendies does not necessary require entering categories. Supporting the event can be by attending the awards evening, supporting the show beforehand or joining your colleagues for an entertaining evening, collectively recognising the many achievements that will be focussed upon at the event. Vending is a vibrant and successful industry and we should recognise this and enjoy all of our successes. All in all this adds to growing and strengthening the vending world.


The Vendies aims to reward innovative new products and services, but just how is the world of financing evolving in


the vending sector? The beauty of vending now is we are embracing the changes of technology, we see better designed and efficient vending machines available. We see better quality drinks from machines, more bean- to-cup, premium coffee, table-top coffee and more barista-style machines. These offerings are also complemented with different views on snacks and bottle solutions. As a result, finance has become a significant part of consumer purchasing behaviour,


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allowing more affordable solutions to invest in vending equipment. We are evolving to provide all-encompassing specialist facilities that allow finance to be provided for almost everyone, from new starts, to established businesses. They are able to experience and incorporate the latest innovations within the business for future growth – powered by finance facilities provided by Tower.


What does Tower Leasing have to offer operators and what is


to come from Tower Leasing? Tower is very proud to offer a one-stop solution with a forward- thinking approach towards business. With an experienced team to process, underwrite and provide fast payments, our driver is to provide a quality service combined with cost effective solutions to support and help to grow operators’ businesses, their customer portfolios and sales opportunities.


Tower offers a complete finance solution: • A real focus on how we can work together to help your business grow;


• Industry leading acceptance rates; • Flexible underwriting with decisions between one to 24 hours (subject to trading type);


• Fast payment upon completed installation;


• Specialist finance available not just for ‘blue chip’ customers but SMEs and new start businesses; • Highly competitive finance packages tailored to your customers; • Vending specialisation – we understand your business; • Thirty years in business supporting suppliers and operators; • Online proposal and business platform; • Electronic and digitally-signed paperwork; • Full sales support from your dedicated team at Tower; • Alternative finance solutions (vehicle, business loans and invoice financing to name a few).


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