In construction credit, money is flowing down the ladder of supply and material suppliers and service providers selling to subcontractors are vulnerable to delayed payments—or worse, not getting paid at all. The critical first step in effectively managing construction credit is gathering and verifying job information, especially identifying everyone involved in the project.

After nearly a decade of stagnation, Germany saw signs of recovery in 2025, with the country’s gross domestic product increasing by 0.2%, according to the Wall Street Journal. While the strong numbers are a good sign for Europe’s largest economy, strong competition with China and massive stimulus funds from Berlin threaten continued growth.

NACM’s seasonally adjusted combined Credit Managers’ Index (CMI) improved 1.2 points to 54.5.

It’s often said that practice makes perfect. For credit professionals, the same rule applies. It is the experience gained through successes and failures that create opportunities for growth. To further refine their craft, many pursue continued education and advancement opportunities like NACM and FCIB’s six-level Professional Certification Program. 

Credit professionals handle confidential information day-in and day-out as they manage customers and work to mitigate risk. While confidentiality comes with the job, it is critical that credit managers understand what can and cannot be shared with those outside the credit department, whether they’re talking to a member of their sales team or a credit manager from another company.

No matter the industry or region, credit professionals share one common goal: collecting payment from customers. For some, this means establishing favorable terms and conditions. For others, it hinges on building strong customer relationships. Construction credit, however, is far more nuanced.

In southwestern Europe, occupying the Iberian Peninsula, stands the country of Spain. Its rich culture, strong traditions and extensive coastline make it a popular place to visit. Included among the top 20 largest economies in the world, and one of the largest in the European Union (EU), Spain is a strong environment for business.

Customer habits can be unpredictable. Noticing the problem is one thing but finding the root cause of the issue and finding a long-term solution that protects your company’s interests while maintaining a strong customer relationship takes time and dedication.