So… What Now? Some Perspective from the Insolvency Arena on What Happens Next
By Michael A. Brandess and Mark S. Melickian, Creditors’ Rights Attorneys at Sugar Felsenthal Grais & Helsinger LLP In the timeless words of Larry David, business credit is pretty good right now. According to the American Bankruptcy Institute, April 2021 commercial chapter 11 filings were down 49% compared to April 2020. Recent legislation, such as […]
President’s Message – Hitting the Restart Button on Engagement…At Your Pace!
What encouragement we are beginning to feel with Covid numbers finally decreasing, vaccinations climbing in the general population, and people starting to get out around a bit more. I’m feeling nearly giddy about the near possibilities of seeing credit peers in person! The last year taught us so many life lessons, some of which we […]
2020 – 2021 Certifications
We wanted to take a moment and recognize and recap the designation earners from 2020 – 2021. All of our designation holders over the years have worked hard in classes and time studying for tests to earn their certifications. Are you interested in education and getting a designation? Check out this guide on the certification […]
The Current Situation in the World of International Trade
Written by: Brenda Barnes, Export Manager, Geo. S. Bush & Co., Inc.Congestion at the seaports is in the news and has been for several months now. Most of what is seen on television are the ports of Los Angeles and Long Beach, California. Maybe that is the case because they seem to be in the […]
A Helping Hand
Are delinquent accounts absorbing too much of your time? Could that time be better spent approving new business? You are not alone, 93% of businesses experience late payments from customers. NACM Commercial Services is ready to extend a helping hand. Let us take the burden off of you and help mitigate your write-offs. Placing an […]
Provision in Washington’s Construction Lien Law provides Important Protections to Lien Claimants against Coercive Acts of Others
Most project developers and general contractors respect the right of a potential lien claimant to record a construction lien in order to protect their right to payment. Periodically, however, there are those who seek to put undue pressure on a potential lien claimant to not exercise their lien rights. For example, a developer may threaten […]
Help Credit Professionals Succeed
Looking for a good cause to donate some time to? Looking to get involved and network with other credit managers? Look no further! We have the perfect opportunity for you! The NACM Commercial Services Foundation is looking for volunteers to serve on the board, plan fundraising events, or simply donate to this worthy cause. The […]
Experian/Moody’s Analytics
Download the Q1 2021 Main Street Report Today. https://www.experian.com/business-information/landing/main-street-report
You Make NACM’s CMI Accurate!
As we monitor today’s turbulent business environment, NACM needs you to participate in the survey to Keep the CMI an accurate, forward-looking, leading economic indicator. It only takes a minute – no math involved. Just indicate if something is better, the same, or worse than the month before. https://nacm.org/cmi.html#cmi_schedule