D&H Adds $10 Million in New Credit Lines
In response to the current credit crunch, D&H Distributing announced Monday that it is increasing credit lines for 700 of its customers, which will add up to more than $10 million in new credit dollars.
The extension of credit is expected to begin late this month.
“We’re hearing the concerns of our resellers regarding the current predictions about the economy and IT spending,” the company’s director of credit, Tony Warfield, said in a statement announcing the move. “Although our business remains strong, whatever we can do to help resellers ward-off uncertainty in the marketplace is a healthy move for all of us, and for the channel in general.”