When you’re at work, it feels like there is nothing scarier than getting called into the boss’s office. Whether it’s a performance review or notes on a recent project, getting feedback can be tough. For many supervisors, it’s just as hard to give this feedback as it is for employees to receive, but why?

Credit limits are put in place to be the maximum amount of money that can be borrowed or used through a financial product or service. They can be based on factors such as credit scores, credit history and income. For example, consumer credit cards are a form of an unsecured line of credit and the credit limit is the amount that can be charged on the card.

Credit professionals are constantly seeking innovative ways to streamline their processes and build customer relationships, all while aiming to minimize risk while maximizing profit. Certifications earned through NACM’s six-level Professional Certification Program equips credit professionals with the tools to not only achieve these goals but foster their professional and personal development.  

NACM’s Professional Certification Program gives credit professionals a variety of educational courses based on the ins and outs of credit topics. With six levels of certification, credit professionals can jump in where they want to learn.  

Effective leadership requires effective question-asking. Sometimes, the job of a leader can feel as if it is infinitely more answer-providing than question-driving. Despite that, the strongest leaders recognize that the questions more than the answers tend to significantly impact the achievement of those they serve. With that in mind, here are three questions that leaders should ask themselves daily. (In complete honesty, I don’t do this as often as I should.)

The rapid development of artificial intelligence has created a plethora of opportunities across the world, from aiding healthcare professionals with diagnoses to planning itineraries for vacation—or simplifying everyday tasks through automation processes.

The B2B automation market, once dominated by a few key players, is now saturated by hundreds of service providers. This makes finding the right automation vendor much more challenging.

Cybersecurity has emerged as a critical component of credit management, earning its place as the unofficial sixth ‘C’ in the traditional five Cs of credit (Character, Capacity, Capital, Conditions and Collateral). As businesses increasingly rely on digital platforms for transactions, data storage and communication, the risk of cyber threats has escalated, making it essential for credit professionals to prioritize cybersecurity in their risk assessments.

Imagine a stretch of land where financial institutions are as elusive as an oasis in the desert—that’s a banking desert, an area devoid of bank branches.