Customer-Demanded Supplier Concession Strategies in Light of High Interest Rates, and Credit Team Responses (Beyond Saying No)
Written By: Scott Blakeley, Esq. As inflation reaches a 40-year high, the Federal Reserve has made combatting inflation a top priority. Multiple interest rate increases are intended to tame inflation. However, companies of all sizes are facing financial challenges as the result of inflation and the attendant high-interest rates, including inflated costs for raw material […]
President’s Message – Grateful for Strong Relationships
The fall season has been packed with member interactions, activities, festivities, and planning! What a great experience getting back out with our member companies, visiting with credit individuals, and enjoying the personal interaction. I’ve missed the in-person opportunities and am inspired by getting to work around those who bring a passion for occupational excellence to […]
Will a Slowing Job Market Be Enough to Cool Inflation?
Jamilex Gotay, editorial associate, NACM National As inflation continues to wreak havoc on the global economy, the labor market is showing signs of cooling. According to the latest Job Openings and Labor Turnover Survey (JOLTS), the count of job openings plummeted by 1.1 million vacancies in August, the sharpest drop since 2020. The unemployment rate […]
Experian Partnership
In October, NACM CS celebrated a robust and prosperous relationship with Experian while attending the annual Experian Partner Advisory Council meeting. Our expertise in credit solutions was highlighted among those who attended. We collaborated on future Experian initiatives, heard from industry experts, and provided insights in the markets we serve. Experian has been a good […]
Congratulations to the New November 2022 Designees
CBAKim Jones, CBA – CECO Inc. CBFNatalie Gondry, CBF – Ferguson Enterprises LLCJessica Howard, CBF – with Peterson CATBlayke Johnson, CBF – Helena Agri-Enterprises LLC
NACM Western Credit Conference Slideshow
The Western Credit Conference in San Diego was a long time coming after our original plans in 2020 had to be cancelled. Thank you to all the sponsor and members for attending. We had people attend from all over CA, OR, MT, CO, WA, and UT. We had the best time hanging out with some […]
NACM CS Foundation Golf Scramble
The NACM Commercial Services Foundation is an organization promoting educational resources to the credit industry. Fundraisers such as this tournament allow us to offer educational scholarships to employees within your company and others looking for business credit education. We appreciate all our sponsors of this event and those who come out and Golf. It is […]
NACM CS Mile High Credit Summit
The Mile High Credit Summit was our first event in Colorado since 2020. We want to thank everyone who came out to this event. We hope to have more in-person events in Denver in the coming years.
NACM CS Staff Outings
The NACM Commercial Services team went on three different outings this summer. The Portland office went Axe throwing, Spokane went to a baseball game, and San Diego went on the Bahia Belle and dinner. We wanted to share in our fun with all of you. Thank you for being our members and letting us do […]
Lights out! Energy crisis, policy mistakes and uncertainty: Fall Economic Outlook
Written By: The Allianz Research Department As Russian gas supply is coming to a halt, the fight against inflation is raging and political uncertainties coalesce, our previous adverse scenario has become reality. The trifecta of lower growth, higher inflation and higher rates will hit even harder. We expect global growth to slip into negative territory […]