All items tagged with "SupplierPay"

Apple signs White House pledge to speed up payment to small businesses

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While Apple is making money hand over fist today, it’s not that long ago (OK, 37 years) that it was a new business with the same cash-flow problems faced by all small companies.

To help speed up its business transactions, Apple today will officially sign up to a new White House initiative called SupplierPay, a voluntary program in which companies commit to pay small suppliers faster, or else aid them in getting access to lower-cost capital.

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