It’s easy to fit the latest technology into your monthly budget.


Thorn Equipment Finance makes it easy for everyone to fit the latest technology into their monthly budget.

Thorn Equipment Finance offers leasing option to Acer Store shoppers. These options cater for all customers interested in breaking their purchase into small installments.

All applications are subject to a full credit assessment via Thorn Equipment Finance. This is done through the credit assessment portal in the online application when you select the finance option at checkout.

General FAQ

 

How does it work?

When you select Finance as your payment option at check-out, your order details will be transferred to Thorn’s finance application site. After providing your information over a few steps, a credit decision will be made online and you may be automatically approved. You will choose your preferred term and a contract will be generated for you to sign.

Your order will be shipped after Acer receives from Thorn Equipment Finance a confirmation that you’ve returned the signed contract and the necessary documents. Thorn will pay Acer in full for your products, and you will pay Thorn back bit by bit every month, through direct debit.

 



Who is Thorn Equipment Finance?

Thorn Equipment Finance is a division of Thorn Group Limited, a respected public company listed on the ASX under the code TGA. Thorn had its beginnings in 1937, with the opening of the first Radio Rentals store – a brand still owned by the group today. This initiated a long history of helping Australians get the appliances they need without buying outright.

For more information about Thorn Equipment Finance, please visit their website.



What finance options are available from Thorn Equipment Finance?

Thorn Equipment Finance offers both Consumer Lease and Commercial Operating Lease Agreements to Acer Store shoppers. Consumer Leases are paid over 24 or 36 months. Commercial Leases have 48 months as an additional term option. You can apply for a Commercial Lease if you have an ABN.



How long does the online application take?

The application takes less than 10 minutes to complete and successful applicants will get instant online pre-approval.



After my application is pre-approved, what do I do next?

Once your application has been pre-approved, you will need to download and print out a copy of the contract. In order to expedite the settlement of finance, the following items will need to be returned to Thorn Equipment Finance within 30 days:

 * Signed and dated Finance Contract
 * Signed and dated Privacy Act consent form
 * Signed Direct Debit request
 * Provide 2 forms of identification (At least one of them from section A)

 Section A  Section B
 * Drivers Licence
 * Proof of Age Card
 * Passport
 * Medicare Card
 * Birth Certificate
 * Credit / Debit Card



How are lease payments made and what is the frequency of payment?

Lease payments are made monthly via direct debit from the nominated financial institution on your application.



When is the first lease payment debited from my account?

The first lease payment is made within 5 days after receiving receipt of your Acer Product.



Is there an establishment fee?

Yes, there is a $93.50 establishment fee which is payable on the first lease payment.



FAQ about Consumer Leases

Can I Apply?

You can apply if you are:

  • Between 21 and 70 years of age.
  • Currently employed and earning at least $20,000 gross p.a.
  • A permanent Australian resident
  • Clear of any consumer or commercial Credit Defaults or outstanding Writs or Summons



What is the minimum amount that I can finance under a Consumer Lease Agreement?

Under the Consumer Lease Agreement, the minimum finance amount is $300 (Max is $9,999)



What information do I need when applying for a Consumer Lease?

 * Personal details (Name, address, contact numbers etc).
 * Residential status – Provide details for past two years.
 * Employment History (Last 2 Years) and Income details.
 * Bank details (Financial institution, branch, BSB details, account number and name)



FAQ about Commercial Leases

Can I Apply?

You can apply if you are:

  • Between 21 and 70 years of age.
  • Currently operating a business with a registered ABN for more than 2 years (property owners) or 5 years (renters)
  • A permanent Australian resident
  • Clear of any consumer or commercial Credit Defaults or outstanding Writs or Summons



What is the minimum amount that I can finance under a Commercial Lease Agreement?

Under the Consumer Lease Agreement, the minimum finance amount is $800 (Max is $50,000)



What information do I need when applying for a Commercial Lease?

 * Personal details (Name, address, contact numbers etc).
 * Residential status: details for past two years.
 * Business details: ABN, address, contact details, figure, trade references
 * Bank details (Financial institution, branch, BSB details, account number and name)