The Certified International Credit Professional (CICP) designation signifies knowledge and professional development in global credit management and risk analysis, helping credit professionals make sound, calculated decisions. 

Australia’s economy grew by 0.6% in the second quarter of 2025, showing slight growth that is still better than anticipated. Year-over-year the economy grew by 1.8% in the second quarter, according to the Wall Street Journal, beating out the forecasted 1.6%.

Seasoned construction credit managers are no strangers to lien waivers. The forms serve as milestones on long projects, asking credit managers to continuously reevaluate the inherent risk of their continued involvement. Whether you are involved throughout the project or only for a brief stint, you may be asked to sign a lien waiver at some point, so it is critical that credit managers understand what they are signing. 

The past several months has seen a buildup of pressure in Washington, D.C. that is threatening to explode over government funding, redistricting and an array of other issues. While some Members of Congress and Senators are calling for a reasonable bipartisan solution, they are being drowned out by firebrands in both parties that are looking to make a stand here and now.

After nearly 40 years of dedicated leadership, NACM National President Robin Schauseil has announced her intention to retire at the end of May 2026. During her tenure, Robin guided NACM through both challenges and opportunities, strengthening the organization and championing the credit profession with passion and tireless commitment. The NACM National Board of Directors extends its deepest gratitude for her decades of service.

A new customer is ready to place a big order, but they’re stuck waiting for credit approval. Behind the scenes, the credit team is buried in manual data entry, chasing trade references and waiting for a manager’s review. Time is lost, energy wasted and costs pile up—all without adding real value to the customer. Believe it or not, many credit departments operate this way without realizing how inefficient the process has become.

Taiwan, or the Republic of China, is one of the world’s largest exporters of high-end electronics. However, its heavy reliance on exports makes the country vulnerable to global market fluctuations. Additionally, its low total fertility rate and aging population raise concerns about future labor shortages.

NACM and FCIB’s six-level Professional Certification Program has helped numerous credit professionals hone their skills and gain essential knowledge to enhance their prospects in the world of credit management. 

No other department’s work impacts the day-to-day of the credit team quite like the sales department. As the credit team works to mitigate risk by carefully considering the possible ramifications of each transaction, they rely on the sales team to bring in customers. The work of each department is inextricably tied to the other, so it is only natural that sales would be credit’s closest ally when advocating for system upgrades.