CCR Credit case studies

CCR Credit · Put your knowledge to work in context.

The Certified Credit Executive (CCE) is a professional designation offered within the NACM certification program, which NACM lists among its education offerings alongside certification exams, certificate sessions, online and self-study courses, webinars and the Graduate School of Credit and Financial Management (GSCFM). NACM describes itself as the advocate for business credit and financial management professionals and as a learning, knowledge, networking and information resource for commercial creditors nationwide. The CCE is aimed at experienced commercial credit and financial management practitioners who want a credential signaling depth of expertise; NACM's blog features professionals holding CCE alongside other designations such as CICP, CBA and CBA-track credentials. The exam is structured around four domains weighted equally at 25 percent each: business credit and financial management; credit law and legal environment; financial analysis and risk assessment; and credit management and leadership. The CCR Credit case studies are 5 cases and about 5,068 words.

Ridgeline Fasteners: The $300,000 Limit Request Behind an Over-Limit Balance

Ridgeline Fasteners Inc. is a Toronto distributor with annual sales of 28 million.

1,011 words, about 5 min 2

Cobalt Supply: The Full-and-Final Cheque, a 2%-a-Month Guarantee, and a Stale Account

Trellis Mechanical Ltd. owes Cobalt Supply Co.

1,083 words, about 5 min 3

Lakeshore Packaging: A 1.42 Current Ratio with Negative Operating Cash Flow

Lakeshore Packaging Ltd. has asked its bank for a 500,000 operating line.

958 words, about 5 min 4

Meridian Building Products: A Top Collector, a Privacy Slip, and a $180,000 Outsourcing Proposal

Meridian Building Products runs a 62 million wholesale credit portfolio from a single shared-service centre in Mississauga. DSO is 49 days against a 42-day target, and 60-plus balances have grown 31% year over year.

1,048 words, about 5 min 5

Northline Industrial Supply: Building a Borrowing Base Against a Prior All-Asset Registration

Northline Industrial Supply is negotiating a 3.5 million revolving line with a new lender. Its receivables ledger is 4.2 million: 336,000 is over 90 days, 120,000 is intercompany, 90,000 relates to a customer with a right of offset for warranty credits, and the largest single account - a hardware chain - is 1.176 million.

968 words, about 5 min