Will a Red-Hot Construction Industry Finally Slow Down?
By: Christopher Ng, Managing Partner | Gibbs Giden (cng@gibbsgiden.com) As we head into 2024, sales, credit, and financial executives in the construction industry are all pondering the same question: can the red-hot construction industry continue its growth? No such luck, at least according to the 2024 American Institute of Architects (AIA) Semi-Annual Consensus Construction Forecast. […]
Accessing Consumer Reports on Business Owners – Are you following FCRA 604 for Permissible Purposes for Obtaining a Consumer Report
When a credit grantor is selling a sole proprietor, partnership, small corporate entity, or has obtained a personal guarantee, you should consider obtaining a consumer report on the owner(s) of that business. Although, the Fair Credit Reporting (FCRA) permits the use of a “consumer credit report” with a permissible purpose, it is recommended you include […]
A Strategic Guide to Goal Setting in 2024
Kendall Payton, Editorial Associate, NACM National Goals are the motivating force that drives us forward in any aspect of life. Whether personal or professional, big or small, creating these goals helps hold yourself accountable and are a great way to keep you motivated—and entering a new year gives everyone a fresh perspective on how to […]
Navigating the Credit Landscape: A Conversation with a Credit Manager
In the complex world of finance and economic management, individuals often find themselves drawn into unexpected career paths. For some, like Alex McEntee, CCE, a Credit Manager at Pendleton Woolen Mills, entering the credit field was not a predetermined choice.