One of the channel’s bankers, Exertis, is making sure that resellers looking for growth get the credit lines they need.
Exertis has plans to offer a selected number of SME resellers the chance to double their credit.
The distributor could give an additional £20 million with the option to go even further in some cases where resellers have reached their credit limits.
Exertis B2B sales and commercial director at. Mark Reynolds said the aim of the move is to provide our resellers with a credit limit that can help them win and grow their business, safe in the knowledge that they have the financial resource to support it.
“With our broad technology range, resellers want to take advantage of the efficiencies of buying from one source. By working with our credit insurers, we are in a position to double the facility for over 1,600 resellers and even extend that further if they remain within our usual credit terms,” Reynolds said.
Exertis has been working with public trading insurer Chubb Ace and is planning to be proactive in suggesting certain resellers should take advantage of the offer.