2018 NACM Fund-raising Events

Thank you to everyone who attended, helped, and donated to these events. Both of the events were successful and we look forward to the next event. As you may have seen as a part of the “An Evening of Aloha” event we had a raffle for a trip for two to Hawaii. The winner of that […]

New Federal Law Allows Consumers to Place Free Credit Freezes And Yearlong Fraud Alerts

Starting September 21, 2018, consumers who are concerned about identity theft or data breaches can freeze their credit and place one-year fraud alerts for free. Under the new Economic Growth, Regulatory Relief, and Consumer Protection Act, consumers in some states – those who previously had to pay fees to freeze their credit – will no […]

Privacy and Data Security Check-Up

Published in the Sussman Shank LLP Spring 2018 Newsletter Businesses of every size confront privacy and data security issues on a near-daily basis. Employees, consumers, customers, and clients are more concerned with the safety of their personal information than ever before. At the same time, the risks from lax security measures have never been greater. […]

Scams and Your Small Business -From the FTC

How Can I Protect My Business? Train Your Employees Your best defense is an informed workforce. Explain to your staff how scams happen and share this brochure with them. Order free copies at FTC.gov/Bulkorder. Encourage people to talk with their coworkers if they spot a scam. Scammers often target multiple people in an organization, so […]

Retention Not Withheld in California Case Where Dispute Existed

In 2010, Universal City (Universal) hired Coast Iron & Steel Co. (Coast Iron) to build a new ride at the Universal Studios Hollywood. Coast Iron subcontracted the installation of the metalwork to United Riggers & Erectors, Inc. (United Riggers). The initial subcontract between Coast Iron and United Riggers was for $722,742, but was increased by […]

Congratulations to Our Newest Designation Holders

Congratulations to our newest designations holders!  CBA Harminder Dhesi, CBA from Jackson Family Wines Charlene Perez, CBA from Ferguson Enterprises Inc CBF Jody Johnson, CBF, from Star Rentals Inc

D&B Credit Advantage: Optimize Cash Flow & Drive Profitable Growth

Cash Flow: D&B Credit Advantage leverages Dun & Bradstreet’s analytics to determine risk in the marketplace and calculate the predicted default rate for each account in your portfolio. That information – combined with your data on how accounts are paying you – helps you to benchmark and validate that your bad debt reserve is maximizing […]

Construction Law Not ‘One-Size-Fits-All’

Private and public construction laws across the United States are two sides of the same coin. The state statutes are similar yet different but often vary greatly. Even within the same state, laws differ depending on the type of project (private, public, commercial or residential). Construction creditors need to be on the lookout for several […]

What is the Real Economic Risk from Trade Disputes?

Talk of trade wars and tariff hikes dominate the financial news. It has become difficult to go through a day in which we aren’t sidetracked by headlines speaking of protectionism and the destruction of free trade. Despite this negative overtone, the US economy is on track to perform better than it has since the early […]

President’s Message – NACM’s Tools are Growing and Members are Winning

Nothing like an organization who can foresee needs of the credit professional and work to develop relevant applications that best support our careers! I’m thrilled with the most recent rollout of the Business Credit App (available to any individual within a member company) that gives the power to keep up on reading pertinent credit information in a […]