Tech Data is trebling the credit it gives SMB resellers to £1 million to boost growth for smaller partners.
Its Credit Elevator scheme offers resellers an initial credit line of £5,000, which will be increased automatically if the partner uses 75 percent of the credit in a month, and pays the loan on 30-day terms.
Tech Data credit services director Nick Tiltman said SMB sales growth was growing and by extending the upper limit on the Credit Elevator his outfit was making it easier for resellers to develop.
It means that the securing higher and higher levels of credit will not be a problem as new opportunities emerge they can take advantage, knowing that we will support them. This move will remove barriers for customers who want to expand.
