Point-of-sale finance company ThinkSmart says it has finalised a new funding model that will see it move from bilateral funding to a securitisation model. ThinkSmart CEO Ned Montarello said, in a statement, that securitised funding was more efficient because ThinkSmart could invest in its own notes. The financier plans to sell asset-backed notes to external investors in the medium term. The company's warehouse funders are Westpac and Bendigo & Adelaide Bank.