With economic uncertainty mounting across the board, the agricultural industry continues to slump. With input costs rising and profits dropping, trade tensions add increased instability as they stifle previously high agricultural exports.

In credit management, proper risk management begins with knowing your customer—from their legal name to their industry and risk tolerance. In global trade, it means digging deeper to understand who truly owns, controls and benefits from the customer.

NACM and FCIB’s six-level Professional Certification Program helps turn lessons into stepping stones, equipping credit practitioners with the knowledge and credibility to grow and thrive in their careers.

Continued education is key as you advance in your career. As you take on new responsibilities in a new role, it is critical that you find ways to prepare yourself for new challenges. Earning a designation through NACM and FCIB’s Professional Designation Program is an excellent way to build and refine your skills as you prepare to put your best foot forward.  

Ecuador is regarded to have a strong economy heavily reliant on oil and agricultural exports. However, it is vulnerable to external macroeconomic events. Although Ecuador has made structural and institutional improvements over the years, its’ fiscal imbalances, such as a high reliance on volatile oil revenues, vulnerable financial sector, thin domestic capital market, labor market rigidities and informality has stunted its’ economic growth.

When most people think of a business filing bankruptcy, what they’re often picturing is a Chapter 7. This chapter of the U.S. Bankruptcy Code provides for liquidation, in other words, the sale or monetization of the debtor’s property and the distribution of any available net proceeds to creditors.

California Governor Gavin Newsom signed SB 440, or the Private Works Change Order Fair Payment Act, into law on October 10. The law, which goes into effect at the start of 2026, introduces a newly structured process of resolving change-order and time-extension claims on private works of improvement.

Anyone who has turned on the news in the past two weeks likely knows that Republican and Democratic leaders have been unable to reach an agreement on government funding as the now three-week government shutdown continues. Democrats are refusing to pass a ‘clean’ funding bill, demanding an extension of the expiring Obamacare tax credits, and Republicans are holding firm despite public polling in support of the subsidies sitting at over 70%. They argue that Congress has plenty of time to extend the subsidies.

NACM and FCIB’s six-level Professional Certification Program does more than just expand a credit professional’s knowledge; it equips them with advantageous skills and opportunities to grow in their role.