NACM Commercial Services Foundation Annual Meeting
Chair Jeff Butterfield has called for the 2020 NACM Commercial Services Foundation Annual Meeting to be held on Wednesday, June 24, 2020 at 5:30 p.m. via Zoom. All lifetime individual, lifetime corporate, and current annual members are invited to attend. We also welcome and encourage anyone interested in the operations and purpose of the foundation […]
Meet the Team – Get to Know Part of our Fun Staff
Sherri Hooker – Industry Group & Data Contribution CoordinatorPortland, Oregon Hello all, my name is Sherri Hooker– I was born and raised in Michigan and ended up in a long-distance relationship, moved to Oregon and married the love of my life 28 years ago. But let me tell you, when I broke the news to […]
A Seller’s Guide to Letters of Credit
If there’s one thing credit managers learn quickly after agreeing to extend credit, it’s how their department is going to get paid. Payment options from least to most risky include cash in advance, letter of credit (LC), documentary collection and open account. Although LCs hold less risk, American Export Training Institute President Chip Thomas, CICP, […]
Experian COVID-19 U.S. Business Risk Index
The COVID-19 U.S. Business Risk Index was developed by Experian Business Information Services to help businesses better understand the impact COVID-19 may have on their commercial operation based on several key factors. This methodology combines business risk, anticipated impact on business industries and real-time COVID-19 case data to help businesses better simulate various impact scenarios […]
COVID-19 Legislative Update & Collection Provisions to Watch for Trade Creditors!
NACMs are partnering with our national office to watch for legislative changes related to COVID-19. NACM Commercial Services is also monitoring daily new State mandates coming out relating to creditor and collection efforts. Please be aware that certain states have restricted collection activities during the national emergency and while most are pertaining to consumer collection […]
Amazon Delivers on COVID Demand, but Issues Linger
www.fdreports.com – www.creditntell.com As part of our ongoing coverage of COVID-19, the following Special Analysis examines how the coronavirus has affected Amazon, its sellers, and the U.S. consumer. Prioritization of essentials and medical merchandise is dragging deliveries of other more discretionary Prime orders by as much as a month. The businesses of third party sellers […]
President’s Message – Covid-19
Dear NACM CS Members, We’re experiencing an extraordinary moment in our country and around the world – an instance where day-to-day activities and routines, both within our personal and professional lives, have been shuttered and extremely altered. What has become strikingly apparent, is the current situation with COVID-19 is fluid and information is changing by […]
President’s Message – Winter Wonderland
January is always a good producer of a Winter Wonderland up in the Inland Northwest! I’m nestled in with a hot cup of tea and looking out the window to an accumulation of more than a foot of snow. Outside of the constant shoveling, frozen outside hoses, and driving challenges, the blanket of snow leaves […]
Score Two Touchdowns for Chapter 11 Preference Defendants
Written By: David Conaway, Partner, Shumaker Attorneys at Law The “Small Business Reorganization Act of 2019” (SBRA) signed into law on August 23, 2019 contains two amendments to Chapter 11 preference laws, which are NOT limited to small business reorganizations. 1 – Debtors’ Burden of Proof. As creditors who have been on the wrong end […]
The 2019 Year in Review
2019 was a year of growth for NACM Commercial Services! We wanted to share this with you, our customers, which helped make this happen. We offered more classes and webinars, hosted the Western Credit Conference, created new Industry Groups and so much more. Thank you for your support! We couldn’t do any of it without […]