Key Partnerships
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National Minority Supplier Development Council
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National Gay and Lesbian Chamber of Commerce
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National Center for American Indian Enterprise Development
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National Veteran-Owned Business Association
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National Black Chamber of Commerce
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U.S. Hispanic Chamber of Commerce
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U.S. Pan Asian American Chamber of Commerce
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U.S. Business Leadership Network
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Women’s Business Enterprise National Council
Over a Decade of Diverse Banking
Comcast has worked closely with the minority-owned banking community for more than 20 years. For example, for the 10th consecutive year in 2013, Comcast entered into a 364-day revolving credit facility with United Bank of Philadelphia (as administrative agent) and 11 additional Minority Depository Institutions. The facility has commitments of over $30 million.
Comcast continues to work with The Williams Capital Group, L.P., a minority-owned bank, as one of its placement agencies in the company’s commercial paper program, an ongoing effort whereby Comcast routinely sells short-term promissory notes to mutual funds and other investors for working capital financing. Since 2011, Williams Capital has issued $2.75 billion in commercial paper for Comcast.
"Supplier diversity is in the fabric of our supplier chain. There isn’t a discussion that we have with any of our suppliers, potential or current, where diversity doesn’t come into play. It is not a hobby, it’s something we must do."
-Peter Kiriacoulacos
Chief Procurement Officer
Comcast and NBCUniversal