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ASX: ASX FXL | |
Industry | Finance |
Founded | 1988 |
Headquarters | Sydney, Australia |
Key people | Symon Brewis-Weston - Chief Executive Officer |
Products | Retail Point of Sale Leasing, Vendor & Commercial Leasing, Telecommunications |
Revenue | A$ $223M (2011) - Volume |
A$ $52.9M (2011) - NPAT | |
Number of employees | 500 (30 June 2011) |
Website | http://www.flexigroup.com.au |
Flexirent Capital Pty Ltd. or more commonly Flexirent, is an Australian consumer leasing service of business and consumer electronics and is the primary product of FlexiGroup. (ASX: FXL)[1][2]
The Flexirent service is offered by numerous computer and IT equipment retailers, however has been strongly associated with Australian retailer Harvey Norman since Flexirent's successful 12-month trial in its Brisbane stores in 1995. Flexirent and other similar lending products have been criticised for financial over-commitment and confusion about the leasing or rent-to-buy contracts signed by customers.[3]