Skip to main content

All Stories

Tags:

Aug 1, 2024
eNews

Avoid costly mistakes in lien filings

Mechanic’s liens serve as a legal tool for both contractors and subcontractors. Their purpose is to establish security interest in a property’s title to ensure payment, so it is essential to be thorough when filing. One small mistake can cost you the right to enforce payment rights.
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.
Aug 1, 2024
eNews

Building trust as a new credit manager

Great leaders can create impactful change, build sustainable relationships and leave a legacy of culture. But what happens when they leave?
Aug 1, 2024
eNews

Economic risk rises as CMI drops

NACM’s Credit Managers’ Index (CMI) deteriorated 1.6 points to 52.3 in July, suggesting growing economic risk. “The CMI is back to near non-recession lows,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.
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%.