Business Credit

Business Credit is a magazine covering finance, business risk management and provides information for the extension of credit, maintenance of accounts receivable, and cash asset management. It is published 10 times per year by the National Association of Credit Management.Subjects for Business Credit include banking, finance and investments.

Articles from Vol. 97, No. 1, January

A Call for Volunteers
Chairman-elect David Watson, CCE is seeking national committee participants for the 1995-96 year. As a member owned organization, individual participation on national committees is extremely important. These committees serve as a resource to the NACM...
Attendance-Setting Government Receivables Conference Gets Hi
Government use of Electronic Data Interchange (EDI) clearly stole the show at this year's Government Receivables Conference, September 21-23, 1994, in Arlington, Virginia. While various experts presented progress reports concerning the state-of-the-art...
Attendance-Setting Government Receivables Conference Gets High Ratings
Government use of Electronic Data Interchange (EDI) clearly stole the show at this year's Government Receivables Conference, September 21-23, 1994, in Arlington, Virginia. While various experts presented progress reports concerning the state-of-the-art...
Bankruptcy Review Commission Holds Promise for Meaningful Re
When President Clinton signed the Bankruptcy Reform Act of 1994 (H.R. 5116; P.L. 103-394) into law on October 22, be ratified a slimmed down bill whose prospects improved as controversial provisions were dropped or lessened during the legislative process....
Bankruptcy Review Commission Holds Promise for Meaningful Reform
When President Clinton signed the Bankruptcy Reform Act of 1994 (H.R. 5116; P.L. 103-394) into law on October 22, he ratified a slimmed down bill whose prospects improved as controversial provisions were dropped or lessened during the legislative process....
Bust-Out King Reveals Secrets to a Successful Scam
LAS VEGAS--Three years after his release from prison, Al Forman is a grateful man. Speaking at the recent NACM Loss Prevention Symposium in Las Vegas, he thanked credit managers, investigators, and even the FBI agent who ultimately arrested him. These...
Credit and Collection Are Inseparable Processes
Credit and accounts receivable reengineering/TQM initiatives have improved the overall effectiveness and efficiency of the processes which we as credit professionals perform each day. The list of accomplishments in areas of increased productivity is...
Creditors Applaud Long-Awaited Bankruptcy Reform Legislation
The Bankruptcy Reform Act of 1994 is the first major change in bankruptcy legislation in 10 years and brings some important changes for creditors and debtors alike. Among the areas targeted by Congress were small business reorganizations, reclamation,...
Creditors Applaud Long-Awaited Bankruptcy Reform Legislation: An Interview with NACM Government Affairs Representative, Jim Wise
The Bankruptcy Reform Act of 1994 is the first major change in bankruptcy legislation in 10 years and brings some important changes for creditors and debtors alike. Among the areas targeted by Congress were small business reorganizations, reclamation,...
Don't Take That Yugo onto the Information Superhighway
Electronic commerce has finally come of age, now that it has been embraced by Uncle Sam. Though the concept has been around since the late 1970s and has been known by such names as Electronic Business Data Interchange, Electronic Data Interchange, or...
How to Handle Waivers of Lien
The management of your firm's accounts receivable assets when selling products or services into a construction project in the U.S. will involve requests for "waivers of lien." The lien waiver, or waiver of lien, is a common request made to you by your...
Kangaroos, Koalas, and 'Kredit:' NACM President Addresses C
Remaining competitive these days increasingly means going global. To that end, NACM President Paul Mignini Jr., CAE ventured down under recently for the Australian Institute of Credit Management's national conference in Perth.The three-day conference...
Kangaroos, Koalas, and "Kredit:" NACM President Addresses Credit Conference
Remaining competitive these days increasingly means going global. To that end, NACM President Paul Mignini Jr., CAE ventured down under recently for the Australian Institute of Credit Management's national conference in Perth. The three-day conference...
Lien Writer: Features and Additions
An upgrade of Lien WriterTM (formerly called Lien Master)--the IBM computer-compatible program for the processing, printing, and tracking of mechanic's lien claims for all 50 states anmd the federal government--is available from NACM Publications. The...
Lien Writer (TM)
Features and Additions An upgrade of Lien Writer [TM] (formerly called Lien Master)--the IBM computer-compatible program for the processing, printing, and tracking of mechanic's lien claims for all 50 states and the federal government--is available...
NACM Officer Election Procedures
In accordance with the National Bylaws, the officers of this association are elected by the Board of Directors. Nominations for chairman-elect and four vice chairmen will be selected by a Nominating Committee consisting of the Immediate Past Chairman...
NACM's Education and Government Affairs Efforts to Be Commen
As I indicated in my last editorial, I'll bring you up to date on two of the most important areas the National Association is addressing to help you--the owners, members, and customers--achieve success in your profession.With the ever-changing workplace,...
NACM's Education and Government Affairs Efforts to Be Commended
As I indicated in my last editorial, I'll bring you up to date on two of the most important areas the National Association is addressing to help you--the owners, members, and customers--achieve success in your profession.With the ever-changing workplace,...
Stock Repurchase Agreements and Equitable Subordination
It is common practice for closely held corporations, those corporations whose shares are held by a single shareholder or a closely knit group of shareholders, to repurchase their stock upon the death or retirement of a principal shareholder. Frequently,...
Symposium Brings Together Criminals, Law Enforcement, and Cr
LAS VEGAS--NACM's Loss Prevention Department hosted its first annual Loss Prevention Symposium here in September, bringing law enforcement officers, convicted white-collar criminals, and credit managers together for two days of intense seminars and lectures.Symposium...
Symposium Brings Together Criminals, Law Enforcement, and Creditors
LAS VEGAS -- NACM's Loss Prevention Department hosted its first annual Loss Prevention Symposium here in September, bringing law enforcement officers, convicted white-collar criminals, and credit managers together for two days of intense seminars and...
The 1995-96 Economic Outlook: Using Your Noodles More Effectively
Thank goodness for print and electronic mail delivery services! This way, economists don't have to worry about anybody who shoots the messengers of bad news. Actually, the outlook for 1995 isn't all that bad, just the first line. Economic growth will...
The Impact of EDI on Credit and Sales
EDI provides a way for companies to move the sales/credit function from the traditional, time-consuming manual operations of the past. Rapidly, EDI is becoming mandatory to survive in today's sales/credit function. Electronic data interchange (EDI)...
The Re-Emergence of Real Estate Investment Trusts
REITS were established by the United States Congress in 1960 as a conduit for pooled funds into professionally managed portfolios of real estate assets. The REIT is a trust organized to pool capital for the purpose of investing in real estate mortgage...
Understanding the Art of a Liquidation from a Lender's Point
The downturn in the economy over the past three years has helped trigger an increase each year in Chapter 7 bankruptcies. Because of this sad statistic, lenders throughout the nation have been forced to liquidate an increasing number of loans. And liquidations...
Understanding the Art of a Liquidation from a Lender's Point of View
The downturn in the economy over the past three years has helped trigger an increase each year in Chapter 7 bankruptcies. Because of this sad statistic, lenders throughout the nation have been forced to liquidate an increasing number of loans. And liquidations...
Understanding the Art of Liquidation from a Lender's Point of View
The downturn in the economy over the past three years has helped trigger an increase each year in Chapter 7 bankruptcies. Because of this sad statistic, lenders throughout the nation have been forced to liquidate an increasing number of loans. And liquidations...
What Credit Managers Should Know about Secured Transactions
Credit managers face tremendous challenges in the marketplace today. Defaults and bankruptcy are a constant worry to the profession. The staggering number of bankruptcy filings has accentuated the importance of being cautious in the granting of credit....
What Credit Managers Should Know about Secured Transactions under the UCC
Credit managers face tremendous challenges in the marketplace today. Defaults and bankruptcy are a constant worry to the profession. The staggering number of bankruptcy filings has accentuated the importance of being cautious in the granting of credit....
Why Reinvent the Wheel?
The Complete Credit & Collection Letters Kit contains more than 100 letters that might be used by the credit department and a diskette containing the letters than can be accessed by using any IBM-compatible PC. Word-processing software that can translate...