Exertis extends credit lines in 'major initiative'

Exertis is to extend the credit lines of a select number of SMB resellers in a move that the distributor described as 'a major credit initiative'.

The Credit Xtra initiative is offered to more than 1,600 accounts and could be worth up to £20m with plans to extend further where resellers have used their increased credit.

Mark Reynolds, Exertis B2B Sales and Commercial Director, said: "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."

Exertis works with Chubb Ace, said to be one of the world's largest publicly traded insurers.