Use of Consumer Reports – Accessing on a Business OWNER(S)
When a credit grantor is selling a sole proprietor, partnership, small corporate entity, or has obtained a personal guarantee, you should consider obtaining a consumer report on the owner(s) of that business. Although, the Fair Credit Reporting (FCRA) permits the use of a “consumer credit report” with a permissible purpose, it is recommended that you […]
Dun & Bradstreet U.S. Economic Health Tracker
Download the D&B Economic Tracker
Increase Workplace Productivity with These 5 Simple Hacks
Jamilex Gotay, editorial associate, NACM National 2023 is here, and there is still time to make New Year’s Resolutions, consider making workplace productivity a priority. 2022 was riddled with stories of workplace burnout and fatigue. Luckily, we’ve found a few tips to turn that around and get you moving in the right direction. Learn To […]
Credit Managers’ Index
Since its inception, the CMI has been a startlingly accurate economic predictor, proving its worth most notably during the recession. The CMI is created from a monthly survey of U.S. credit and collections professionals. The survey asks participants to rate whether factors in their monthly business cycle—such as sales, new credit applications, accounts placed for […]
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 […]