Flexigroup Limited (FXL:ASX)

Company Overview

FlexiGroup Limited is engaged in the provision of lease and rental financing services; no interest ever loans, and interest free cards.

The Company is a diversified financial services company providing vendor finance programs, interest free and Visa/Mastercards, managed print services, lay-by and other payment solutions to consumers and businesses.

It operates through five segments:

1. No Interest Ever business (Certegy)
2. Interest Free Cards business (Lombard and Once Credit)
3. Australia Leasing (consisting of FlexiRent, SmartWay, FlexiWay, FlexiCommercial Enterprise and Think Office Technology)
4. New Zealand (NZ) Leasing
5. New Zealand Cards (Fisher & Paykel Finance)

Through its network of over 20,000 merchant, vendor and retail partners, the Company has access to approximately four markets, such as Business to Consumer, Business to Business, Retail to Consumers (and small business customers) and online. It operates in Australia, New Zealand and Ireland.