About
Strength
Established with the opening of a store in Sydney in 1937, Thorn Group Limited has a long history of renting electrical appliances to Australian consumers.
Today, Thorn Group Limited offers a full range of audio/visual products, kitchen and laundry appliances, computers, furniture and fitness equipment through its Radio Rentals and Rentlo national store network, making it a leading operator in the household goods rental market.
The underlying strength of the core rental business and associated positive operating cashflows has enabled Thorn Group Limited to achieve substantial growth in recent years and provides a sound platform for development of strategic initiatives.
Innovation
Thorn Group Limited is building on its substantial core business and competencies to provide an even broader range of products and services to the Australian marketplace. This includes consumer cash loans through its Cashfirst brand, specialised commercial rental via Thorn Business Services.
Acquisitions
On March 18th 2011, Thorn announced the acquisition of National Credit Management Limited, the acquisition will represent an expansion of Thorn‟s financial services capabilities, particularly in the Commercial segment. NCML was established in 1990 and has offices in Melbourne, Adelaide, Sydney, and Perth. Whilst NCML has a commercial client focus, its strategic goals align well with those of Thorn Financial Services which provides a complete in-house service to the consumer-centric Thorn businesses, including customer assessment & acceptance, collections, skip tracing and recoveries. The acquisition will also enhance Thorn’s knowledge and competence in debtor assessment and management. Learn More
Our Brands
Radio Rentals
Offering an extensive range of all your technology, home and office needs; all cleverly packaged into a range of rental deals and flexible terms.
Rentlo
South Australia’s newest home appliance rental company providing home and business solutions.
Cashfirst
Provides unsecured personal loans with easy credit requirements and flexible terms.
Thorn Equipment Finance
Specialising in providing rental solutions for corporations and government.
Thorn Financial Services
Manages and processes a large variety of consumer receivables.
National Credit Management Limited
A leading provider of credit and receivables management services throughout Australasia.
