Harris Technology has taken its online operations one step further, yesterday launching an online finance scheme for its business customers with RentSmart.
The facility is aimed solely at the B2B market and allows businesses to shop online at Harris, apply and be automatically approved for up to $15,000 worth of goods on credit.
Finance will be available in a matter of minutes at any time of the day or night, according to the companies.
Harris Technology managing director Ron Harris said he believed the venture was a world first in e-tailing.
"This system adds a completely new dimension to e-tailing in the B2B arena, making it possible for businesses to automatically access the types of financial arrangements they are used to through traditional retail outlets," Harris said.
RentSmart has been working with the Harris call centre and stores for around a year.
In January, the company launched its online finance system through its own site, offering automatic approval on finance in around three minutes.
"To my knowledge we are the only company in Australia to do credit checks online," said RentSmart marketing manager," Neil Le Febvre. "We have been working on embedding that technology into Harris's system."
Although credit cards are the most widely accepted method of payment online, businesses often required finance facilities for larger transactions that could affect cash flow.
"Once you get to the $10,000 mark, it is not the kind of thing that you put on a credit card," Le Febvre said. "In my mind this brings net shopping closer to the experience of a standard retail store because it makes the system totally seamless."
The system is now live on the Harris Technology site - customers simply need to fill their shopping basket to $500 and the RentSmart option is offered to them at the checkout.