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Aug 1, 2024
eNews

Startups pose high credit risk

While startups often present exciting opportunities for growth and innovation, they also come with significant uncertainties. Unlike established businesses, startups typically lack a proven track record, stable cash flow and robust financial history, making the assessment of their creditworthiness a complicated challenge.
Jul 31, 2024
Blog

Member Spotlight: Believe and Achieve Your Designations

In today’s competitive world, attaining professional designations isn’t just about adding a line to your resume—it’s a journey of growth, commitment and transformation. Through NACM’s six-level Professional Certification Program, credit professionals have the opportunity to grow personally and professionally, while progressing in their career.
Jul 30, 2024
Blog

Member Spotlight: Credit with a purpose 

The beauty of the credit profession is the number of professionals who did not start in the finance field. Many say they have stumbled into credit—whether they used to work in an adjacent field or an opposite one. But anyone who enters the credit world can be successful in all they do. It starts with education. 
Jul 26, 2024
Week in Review

Egypt’s economic growth slows amid crisis

Egypt’s economic growth is set to be slower than expected this year after an $8 billion agreement was signed with the IMF in March, according to a Reuters poll of 17 economists. Gross domestic product (GDP) is now forecasted to grow 4%—down from a previous 4.35%.
Jul 25, 2024
eNews

Geopolitical tensions impact credit risk

Credit professionals who work with international customers face a number of challenges—whether through a clash of cultural customs and norms or even ways of conducting business.
Jul 25, 2024
eNews

Artificial intelligence: Fact or fiction

Breakthroughs in technology over recent decades have ranged from the World Wide Web and personal computers to wireless phones and now apps for everything; all transforming the world we all once knew. Oftentimes, new discoveries and advancements are met with skeptical thoughts.
Jul 25, 2024
eNews

Disaster planning for credit professionals

Climate change is increasing the frequency and intensity of severe weather events and natural disasters around the world. As of July 9th, the United States has experienced 15 weather and climate disasters in 2024 that have each caused more than $1 billion in losses.