DBL Extends Credit Terms - ResidentialSystems.com

DBL Extends Credit Terms

Distributor offers up to $58 million to current customers as fourth quarter approaches.
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Scottsdale, AZ -- DBL Distributing is offering an extension of $58.5 million in credit for 2,800 current DBL customers. DBL has increased current customers financing with value-added solutions to accommodate the current growth trends within the consumer electronics industry. DBL will continue to evaluating market trends and customer purchase behavior in an effort to support further credit line extensions.

Throughout this credit initiative, DBL reviewed every customers account and extended credit lines to customers who presently use DBLs financing options and customers who currently utilize COD as a form of payment. This move is dedicated to providing DBL customers with best in class service and enhanced purchasing power. In turn, DBL customers can offer a wider selection of products to the end user.

DBLs credit improvements are designed to help our customers stock their shelves with the best products and accessories in the market, stated Bruce Kuperman, senior vice president of sales. These customers have shown significant growth throughout the first half of the year and we felt it was important to provide additional financing as we approach the fourth quarter.

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