The White House and the Small Business Administration moved to help small firms grow by expanding the government’s working capital access program for small businesses.Twenty-one additional companies have joined the SupplierPay initiative, under which they have committed to pay small suppliers within a short period or provide them with low-cost access to a financing service, the White House said Monday.
The White House also held a SupplierPay working session on Monday, where existing and new SupplierPay member companies discussed how to implement the SupplierPay program and monitor the impact of this initiative.
New SupplierPay members are:
- Akima
- Chenega
- Chugach Alaska
- Cook Inlet Region
- ConAgra Foods
- Dominion Resources
- Dun & Bradstreet Credibility
- IntelÂ
- Hallmark Cards
- Kaiser Permanente
- McGraw Hill Financial
- Nova Corp.
- Oracle
- Sacramento Municipal Utility District
- Sealaska
- Siemens
- Sempra Energy
- Southern California EdisonÂ
- 3M Co.
- XeroxÂ
- Zappos.com
