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Category Archives: FCIB / NACM
Credit Managers’ Index for April 2013 Posts Significant Decline
The National Association of Credit Management’s CMI for April 2013 for April 2013 reports less than optimistic conditions, including more companies feeling the stress of the slow economy and failing to meet payment terms. The release will illustrate that the Credit Managers’ … Continue reading
Posted in FCIB / NACM, Uncategorized, Users of Information
Tagged Credit Manager's Index (CMI)
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EU Late Payments Directive: Study Predicts Better Customer Payment Habits in UK
A new study by the United Kingdom-based subsidiary of Dun & Bradstreet suggests updates the European Union Late Payments Directive already are having an impact on payment behavior, at least in Britain. D&B’s statistics noted that British businesses borrowing on … Continue reading
Posted in D&B, FCIB / NACM, Member, Member News, United Kingdom, Users of Information
Tagged EU Late Payments Directive
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Commercial Credit Information: Disclosure of Sources of Negative Information Looms
A bill in the Virginia House of Delegates would require commercial credit reporting agencies to identify their sources of “negative information” when they provided a copy of a report to the subject. This means that Virginia buyers would know which … Continue reading
US Risk Climate: Bankruptcies down 22% in 2012
Despite a pair of noteworthy increases near year’s end, 2012 closed with commercial bankruptcy filings at their lowest total since the 2008 financial crisis. According to data provided to the American Bankruptcy Institute (ABI) by Epiq Systems, Inc., there were 57,788 total commercial … Continue reading
Credit Managers’ Index (CMI) Declines on Disappointing Sales Figures
Though a number of favorable factors that help comprise the National Association of Credit Management’s Credit Mangers’ Index (CMI), problems with sales ultimately outweighed the positive toward the end of 2012. The CMI, available Friday afternoon (see link at bottom … Continue reading