Who is NACM?
The National Association of Credit Management (NACM) supports businesses as they make decisions to sell goods and services on credit. When it comes to providing businesses with factual, accurate, fresh and relevant information, the NACM National Trade Credit Report is The Right Choice. NACM has more than a century of experience supporting trade credit, and we’ll be here tomorrow and beyond to support you.
Why is the NACM National Trade Credit Report the right choice?
An accurate picture of how a business pays its invoices is needed to make the decision to sell a customer on credit. How a company pays its vendors is a good predictor of how your company will be paid if it agrees to sell on credit.
That’s why the NACM National Trade Credit Report is The Right Choice. More than 10,000 businesses and 1,000 industry trade credit groups contribute their accounts receivable information – or tradelines – to the NACM National Trade Credit Report database daily. It’s important to know about a company’s payment habits before your company decides to sell to it on credit. The NACM National Trade Credit Report tells an important story about a business’ payment history, and it’s important to know about a company’s payment habits before your company decides to sell to it on credit.
The NACM National Trade Credit Report delivers accurate, fresh and relevant data on every business on file.
NACM offers superb customer service and products at a competitive price.
We know that trade payment information paints a powerful picture – so powerful in fact, that every business should make the decision to extend business credit with this report as a resource.
NACM National Trade Credit Report Features:
- Payment History submitted by businesses through NACM, the trusted, century old partner of business
- Percent past due payment trends, monthly and quarterly
- A Business Credit Score based on forty-two variables
What’s on the NACM National Trade Credit Report?
Payment experience is submitted by more than 10,000 businesses nationwide – big and small – by members of NACM. That means business credit managers are contributing the information that makes up the NACM National Trade Credit Report.
It’s easy to understand why credit managers – the professionals responsible for making the decision to sell on credit for their companies—are the best group of professionals to provide the data! Credit managers strive to make solid credit management decisions and understand that a sale is not a sale until payment is collected! Business credit professionals depend on NACM as the preferred supplier of business credit reports.
The NACM National Trade Credit Report is sold by participating NACMs nationwide. The NACM office distributing the report to you is clearly identified at the top of each report so you’ll know who and where to call to ask a question. We’re proud of the trade credit report and proudly display our contact information.
The payment history section of the report is grouped according to the NACM location responsible for gathering the information. The most recent payment history by reporting company is displayed within the grouping.
In the next section of the report, payment history is grouped by month and by quarter, from most current to oldest. This section of the report reveals whether payment history is steady, improving or worsening.
Current and prior year total percentage past due is graphically displayed, making it easy to contrast and compare payment history trends. A business credit score and risk class are included.
What is the Business Credit Score?
The report includes a business credit score – the CIC Network Score. The scoring model was designed to predict late payments and severe delinquency, looking forward 6 months. The predictive variables include current aging status, historical aging (including trends and variance in payment trends) and forty other business characteristics.
The report also includes summary graphs for two years of delinquency percentage and a year of DBT (days beyond terms). These clearly illustrate payment patterns.
As available, your NACM National Trade Credit Report may also contain Alerts, public record, and corporate data.
Finally. The Right Choice for a business credit report.
Business credit managers know about business credit. They are masters at assessing the creditworthiness of their customers, which is the key to predicting whether the credit sale will be paid timely and in full.
NACM is a valuable resource for business credit. And, the NACM National Trade Credit Report is The Right Choice when it comes to making the decision to sell on credit.
Download the NACM National Trade Credit Report brochure. (PDF)