West Perth-based office equipment financing companyThinkSmart Ltd has commenced trading in the United States with global office product supplier, Office Depot.
ThinkSmart will expand its B2B product, SmartWayLeasing, to approximately 137 stores across Florida by the end of June and nationwide expansion is expected to be complete by early 2009.
Earlier this month, ThinkSmart Ltd announced the extension of its PC World and PC City contracts in UK and Europe to the end of 2013.
The company commenced trading in Italy, last month, as part of an expansion strategy adding to its operations in the UK and Spain with DSG International.
ThinkSmart focuses on the delivery of B2B finance products and has plans for further European and North American growth.
The announcement is pasted below:
ThinkSmart Ltd today announced it has commenced trading in the United States with Office Depot a international provider of office products and services.
ThinkSmart has launched its B2B point-of-sale leasing product under the brand name of SmartWayLeasing in 21 Office Depot retail store locations in the Greater Tampa - St. Petersburg, Florida area.
It will expand the product to circa 137 stores across Florida by the end of June, exposing it to a market of 18 million people and 1.9 million small businesses.
Nationwide expansion is expected to be complete by early 2009 seeing the product eventually offered through all of Office Depot's retail store locations in the United States.
There are 300 million people and 23 million small businesses across the U.S.
SmartWayLeasing is a first-to-market offering in the U.S. that enables small businesses to get in-store, on-the-spot approval to lease office equipment, including computers, peripherals, and office furniture.
ThinkSmart Founder and Managing Director, Ned Montarello, said Office Depot presented itself as the natural partner in the U.S.
