WASHINGTON -- For a few minutes last week, Noel Cuellar had the ear of President Obama.
Cuellar, CEO of Tier 2 auto supplier Primera Plastics Inc., had been invited to take part in the White House Forum on Jobs and Economic Growth through the U.S. Small Business Administration on Dec. 3.
When the president called on him during a question-and-answer session at the end of the day, Cuellar quickly brought up one of the biggest issues facing his Zeeland, Mich.-based company and thousands of other firms.
“For medium and small businesses, one of the things we're looking at is the ability [to] procure financing,” he said.
Suppliers like Primera that have managed their cash flow to ride out the worst days of the recession are now trying to find ways to finance the cost of buying resin and other products for future business, while also trying to find cash to bring back workers.
“It's a tough decision,” he said.