Carl Camden, president and chief executive officer of Troy-based Kelly Services, met with President Obama and CEOs of other publicly held companies at a White House event today to discuss strengthening small business access to capital.
The Small Business Supplier Event was organized to bring together CEOs, President Obama and members of the President’s economic team to announce a new set of commitments that will help lower capital costs for small business suppliers. The meeting highlighted Kelly Services’, and other companies’, commitment to either accelerate payment to suppliers or to offer a financing solution to lower suppliers cost of working capital.
Joining Mr. Camden at the event was Ralph Harper, chief executive officer of DPLOYIT, Inc., a minority-owned staffing company headquartered in Plano, Texas, and a small business supplier in Kelly Services’ talent supply chain.
“As a world leader in human capital management, Kelly Services knows that our customers rely on access to a healthy, thriving talent supply chain, and small businesses play a vital role in meeting the world’s workforce needs. We’re proud to join the President and other companies in doing our part to lower capital costs for small business suppliers,” said Camden. “Today’s commitment is a natural extension of Kelly’s ongoing initiatives to provide opportunity, access, and innovative support to our small business suppliers.”
In the United States, Kelly does business with more than 400 certified diverse small business enterprises, resulting in more than $750 million in spend in 2013.