FlexiGroup Limited
(ASX:FXL) says it has teamed up with Flight Centre Travel Group Limited
(ASX:FLT) to provide interest-free finance to approved customers within Australia.
FlexiGroup’s wholly owned subsidiary Lombard Finance won the deal through a tender process and will invest about $3 million during the 2017 financial year.
The agreement will allow interest-free finance to all Flight Centre, Travel Asscociates, Cruiseabout, Student Flights and Escape Travel stores across Australia.
FlexiGroup reported a half yearly net profit of $41.4 million to the end of December 2015.