Back in May as its 2022 fiscal year got underway, D&H announced that it would be increasing the volume of credit it provides U.S. and Canadian partners each month from $225 million to $300 million. Just four months later, the company is upping that figure to $375 million, and thinks the figure could change again before fiscal 2023 commences.
“It could be even higher,” Schwab says.
Unlike the credit D&H extended back at the start of the coronavirus pandemic, moreover, this credit isn’t about helping partners survive a suddenly struggling economy.
“Today, it’s the opportunities that are driving the need for the excess credit capacity,” Schwab notes. “Many of our partners are seeing their business grow 20, 30, 40, 50 percent a year.”
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