Computer equipment financing company ThinkSmart (ASX:TSM) has signed a deal with the UK’s biggest consumer electrical retail, DSG International, to provide consumer financing.
The deal will see ThinkSmart offer consumer financing in over 180 PC World Stores and over 500 Currys stores. The chains had combined domestic sales worth over $7 billion last year.
ThinkSmart had already been providing business-to-business rental financing through the PC World chain.
“The entry consumer rental in the UK is a major milestone for ThinkSmart,” company CEO Ned Montarello said.