Meet the Team – Get to Know Part of our Fun Staff – November
Emily Crowder – Account ExecutiveSpokane, WA Hi, I’m Emily and I am an Account Executive here at NACM Commercial Services. I started at NACM’s Spokane office in 2015 as a Customer Service Representative and joined our Business Development Team in 2018. NACM has given me the opportunity to expand my knowledge by attending education classes, […]
Construction Lien Waivers – A Trap for the Unwary
By: Bill G. Fig; Partner, Sussman Shank, Construction Group Chair A general contractor or owner will often request (or demand) that you sign a lien waiver or release (hereinafter “lien waiver”) as part of a payment request for work you performed on and/or materials or equipment you supplied to a project. While lien waivers are […]
Finance Executive’s Guide: 10 Actionable Insights For Managing Working Capital In The Remote Reality
Written and provided by HighRadius The COVID crisis has shown that A/R and finance departments in the enterprise organizations can function successfully, even without the whole team (or parts of it) working from the office. While it is true that we have all gotten used to remote-working now, with the economy slowly opening, a lot […]
Assessing risk in the new world — Account monitoring strategies for proactive commercial risk management
BackgroundCOVID-19 is having a profound impact on millions of businesses and their customers, especially from a cashflow perspective. Many small businesses are having trouble meeting their payment obligations. These types of payment and cash flow challenges consequently highlight the need for lenders and business creditors to more effectively manage these risks. Based on the current […]
Meet the Team – Get to Know Part of our Fun Staff
Shawna Kelly – Customer Service Representative and Education CoordinatorPortland, OR I’m Shawna and I have worked at NACM for a little over 12 years. I started with NACM as a Collection Intake Specialist and Skip Tracer but after a few years, I switched departments and now work as a Customer Service Representative and Education Coordinator. […]
NACM Virtual Western Credit Conference
Register Today! Oct 14 – Dec 16, 2020 We are sad we can’t all be together this year in San Diego but we are excited to take the conference virtual this year. We are working on an amazing lineup of live and recorded sessions with some special surprises to make this virtual conference special. + […]
Congressional Action for NACM Members
NACM Commercial Service Members, NACM-National has been carefully tracking all legislation related to COVID-19 that will impact business credit. There are a pair of bills in Congress that would greatly impact collections efforts for members across the country if the bills are passed and signed into law. Although we appreciate that public-policymakers have tried to […]
Chapter 11 Bankruptcy – If You’re Going to Watch the Game, You Should Know the Players
Jonathan Friedland and Michael Brandess,[1] partners with the Sugar Law Firm If you’re reading this article, then you are surely somewhat familiar with chapter 11 bankruptcy. In fact, you might deal with attorneys who do what we do (i.e. represent trade creditors and official committees of unsecured creditors) with some frequency. Still, with the tsunami […]
Industry Groups Today
By Shannon Abnal, NACM Commercial Services What are industry group members talking about these days? You guessed it. Covid-19. The economy. How their firms are coping. How they are coping. What it feels like to be a credit manager in the midst of a pandemic and financial disaster. One member described it as feeling like […]
NACM CS Annual Financial Recap
CEO Message:As we adapt to new ways of accomplishing our daily jobs, one can’t help but miss the interactions taken for granted just a few short months ago. We continue to miss all our in-person meetings, as there is nothing that replaces building a relationship with someone in a face-to-face environment. I’ve been amazed at […]