India’s domestic economy shows strength with a smaller hit to exports than expected amid international trade tensions. With a positive economic outlook, India will have more room to negotiate a trade deal with the United States after the latter imposed tariffs as high as 50% on exports from India.

As day-to-day communication shifts to largely online, it is critical that credit professionals make the most of every conversation, whether it is in-person or virtual. From facial expressions to tone to body language, there is a lot to keep in mind in conversation to ensure that you are not only making your point clearly but effectively.

Those in credit management know the feeling of dread that comes from a slow-paying customer, or the anxiety sparked by a customer who doesn’t pay at all. Troublesome payment habits can weigh on credit professionals, but they also prompt an important question: when is it time to pursue legal action?

In a construction project, many elements come into play: planning, design, financing, materials, contracts, workforce and more. At the end of the day, everyone in the supply chain, from the owner to the supplier, wants to get paid. For credit professionals, the concern is the same.

Over the past three years, Costa Rica’s economy has continued to grow, outperforming previous expectations. In the last decade, the country’s economic growth averaged 3.4% and reached 5.1% in 2023 and 4.3% in 2024, according to the World Bank Group.

After a more than 40-day government shutdown, a small group of Senate Democrats gave Republicans the votes they needed to end the shutdown without a vote on expiring Affordable Care Act subsidies. Let’s look at what they did get.

Bankruptcy poses a great challenge for credit professionals—a tangled web of risk and recovery that tests every creditor’s strategy and patience. For unsecured trade creditors, the most daunting part is understanding their position in the payment hierarchy and seeking ways to maximize recoveries despite the relatively little leverage an individual unsecured trade creditor has in a given Chapter 11 case. One way to achieve these objectives is to serve on an Official Committee of Unsecured Creditors, or a creditors’ committee.

Many credit departments are considering how to make the most of professional development opportunities. That’s where NACM’s Credit Congress & Exposition comes in. Those who’ve attended the annual conference can attest to its long-lasting value and how it remains one of the most rewarding investments they can make in their growth.

After earning her bachelor’s in business administration and international business in 2008, Jennifer LeMaster, CBA, CICP, AR and credit supervisor for Lhoist North America (Fort Worth, TX), decided to return to the classroom to further enhance her credit expertise by earning her certifications through NACM and FCIB’s Professional Certification Program.