A Big Win for Creditors of Small Business Debtors
Bruce Nathan, partner & Mike Papandrea, counsel, Lowenstein Sandler LLP The “big” win: In a decision that helps balance Subchapter V’s pro-debtor provisions, the U.S. Court of Appeals for the Fifth Circuit recently held that the Bankruptcy Code’s exceptions to discharge apply to a corporate Subchapter V debtor with a nonconsensual plan (even though the […]
Allianz Trade Economic Research – Executive Summary
Written By: Allianz Trade Economic Research The 2024 and 2025 global economic landscape remains one of a world grappling with sluggish growth and evolving geopolitical dynamics, while central banks and policymakers navigate through inflationary pressures and economic uncertainties. Global GDP growth is expected to be modest, staying below 3% over the next couple of years. […]
Embracing AI in Credit Management: Enhancing Efficiency Without Replacing Jobs
Written By: Handle.com – A Preferred Partner of NACM CS In today’s rapidly evolving financial landscape, artificial intelligence (AI) is not just a buzzword but a transformative force reshaping various industries, including credit management. As credit managers and accounts receivable professionals, it’s natural to approach new technologies with caution. However, AI stands not as a […]
Member Spotlight – Holly S. McAndrew
Credit Card Surge Reshapes B2B Trade
Jamilex Gotay, editorial associate, NACM In recent years, credit cards have surged in popularity among customers within the B2B credit industry. Why it matters: Knowing why this trend is happening is critical for B2B trade creditors as it holds the potential to alter financial strategies and influence business operations. What they’re saying: “Severe inflationary pressures […]
Gather & Grow + NACM CS Foundation Raffle
We appreciate your participation in the NACM Commercial Services Foundation fundraising portions of the event. Your contributions raised nearly $2700.00 in Portland and $5000.00 in Spokane for future scholarships!! THANK YOU! We would also like to express our gratitude to all our members for participating in the Gather and Grow—Credit Professionals Event. Your involvement and […]
Why Your Business Needs an AI Policy
Written By: Jeremy L. Kahn, Principal at Berman Fink Van Horn In April 2023, a series of inadvertent leaks of sensitive information by Samsung employees highlighted the potential risks associated with the use of generative AI. A Samsung engineer input confidential source code and asked ChatGPT to check the code for errors. And then another […]
Member Spotlight – Dan Simpson
How to build your “Credit”-ability
Kendall Payton, editorial associate Credibility (or “credit”-ability for credit managers) helps establish trust and confidence with your customers, colleagues and upper management. In an industry where decisions can have significant financial implications, mere competence is often not enough to inspire confidence. Why it matters: Credibility in the business world is arguably one of the most […]
Experian Commercial Pulse
Experian’s Marsha Silverman is excited to share with you the current Experian Commercial Pulse Report. She has the opportunity each week to analyze data on the millions of U.S small businesses in Experian’s database, and discover actionable insights that benefit our clients. Making these discoveries is rewarding work, and we utilize these insights to guide […]