Through Tower Capital Management’s tax lien purchasing programs, local governments are able to convert delinquent property tax liens into immediate revenue, while transferring the future risk of non-payment of these delinquencies to us.
Tower’s management team is the most experienced group of professionals in the tax lien monetization industry allowing us to provide the most innovative and cost-effective programs for our municipal partners. Indicative of our firm’s extensive experience and robust lien servicing platform is our rating by Standard and Poor’s as an asset-backed securities tax-lien servicer.
Over the past ten years, our team has provided local governments across the country with over $6.5 billion of accelerated revenue as a result of our purchases. From pre-acquisition due diligence, to daily servicing and redemption, Tower has the expertise, understanding and compassion to effectively ensure that your community has partnered with the best team in the tax lien industry. We take great pride in the results we have achieved by working closely with our municipal clients. Our collaborative approach has proven successful in helping municipalities achieve their specific objectives. Some of the benefits local governments receive from our programs include:
Enhanced collection rates, which can potentially improve bond ratings and thus reducing future interest expense
Accelerated and more predictable cash flow which provides for greater budgeting certainty
In some cases, more effective deployment of human resources, as the costs of enforcement are transferred to Tower, allowing your staff to focus on current collections
To find out more about the innovative ways Tower can help your local government, please call us toll-free at 800-581-8616, or e mail us at firstname.lastname@example.org.