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  • Apple Pledges Support for White House Program

    On Friday morning, the Obama Administration announced that scores of companies have effectively signed up to support the White House's latest initiative, an effort called SupplierPay that will result in said businesses agreeing to pay their suppliers faster than previously.

    Designed to help support small businesses, the effort is being backed by some of the world largest brands, including Apple.

    "For the larger companies, joining SupplierPay demonstrates a recognition that a healthy supply chain is good for business," a statement from the Obama Administration reads. "For the small business suppliers, benefiting from SupplierPay means having more capital to invest in new opportunities, new equipment, and new hiring."

    In short, the program should go a long way to help small businesses get paid within weeks as opposed to months.

    Joining Apple in support of SupplierPay are such corporate giants as Honda, Coca-Cola, Walgreens, FedEx and IBM, among others.

    Source: HuffPost
    This article was originally published in forum thread: Apple Pledges Support for White House Program started by Michael Essany View original post