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281.228.6100 or toll free 1-866-252-NACM (6226) |
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Industry Credit Group Services The Industry Credit Group is a unique and extremely valuable service which provides opportunities not only for the exchange of vital credit experience information, but also opportunities for credit professionals to increase their knowledge, resources and skills. These opportunities are made available only by member companies working together, under the supervision of trained NACM personnel who monitor diligently to assure compliance with US Antitrust laws. (Pictured are members of the Texas Statewide Construction Credit Group, at a recent meeting in San Antonio, Texas.) Regularly scheduled meetings are held among member companies who share a common customer base for the primary purpose of exchanging past paying experience information. Members are urged to bring their new applications, problem accounts, NSF checks and current agings to the meetings, and to participate wholeheartedly in the exchange of credit experience information and other discussions. The information exchanged at Group meetings is "up-to-the-minute"...today's news. Important facts in addition to the basic tradeline are available from other Group members, and it is commonplace for members to uncover past paying records of "new" businesses by naming the principals involved. In addition, the trust developed between Group members makes available an extended resource of credit experience information. These meetings are legal and ethical, for informative and constructive purposes only and federal antitrust regulations are strictly enforced. There must never be any agreement among the members to sell or not to sell, or in any way to restrict free trade. Members are admonished not to intentionally attempt to influence other members' decisions by offering opinions or advice, but to share only factual, historical information. Group meetings also provide opportunities for members to discuss legislation affecting their industries, technological advancements in electronic management of accounts receivable, and other relevant industry information not directly related to customer accounts. In addition, members learn from each other better ways of doing their jobs. Only full-time credit department employees of member companies may attend. All information exchanged at the meetings must be held in strict confidence within the member company's credit department and is to be used for credit purposes only. A trained NACM representative attends every meeting and acts as antitrust monitor and recording secretary. NACM is responsible for scheduling and publicizing meetings, arranging accommodations, handling all bookkeeping, and maintaining the Group's by-laws, member roster, meeting records, etc. Top 10 benefits of Industry Credit Group Membership List of NACM of South Texas' Industry Credit Groups Links to Group Homepages, for news,
upcoming meetings information and registration: |
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NACM OF SOUTH TEXAS
Links to Group Homepages, for news,
upcoming meetings information and registration: