NACM CMC case studies
NACM CMC · Put your knowledge to work in context.
The Credit Management Certification (CMC) is a professional designation in the business-to-business credit field, offered through the National Association of Credit Management (NACM), an organization that describes itself as "the advocate for business credit and financial management professionals" and as "the primary learning, knowledge, networking and information resource for commercial creditors nationwide." The CMC is aimed at credit and accounts receivable professionals who assess commercial credit risk, set terms, manage portfolios, and handle collections. Candidates typically include credit analysts, credit managers, and AR leaders seeking to formalize their expertise; NACM's own materials note that professional certification "signals expertise industry wide." The exam spans five domains: business credit and financial management fundamentals; credit policy, investigation, and risk assessment; financial statement analysis; credit decisioning, terms, and collections; and credit law, security instruments, and professional ethics. The NACM CMC case studies are 5 cases and about 2,949 words.
1Extending Terms to a Growing Distributor Customer
Your company, a specialty industrial distributor, sells 8.4 million annually to Meridian Pump & Valve, a 12-year customer, on net 30 terms. The account pays, on average, 42 days after invoice.
568 words, about 3 min2New Account Request from a Fast-Growing Fabricator
Northline Fabrication LLC, a three-year-old metal fabricator, has applied for a 450,000 open credit line on net 45 terms. Its application shows 6.2 million in annual revenue, 14% gross margin, 85,000 net income, and 310,000 tangible net worth.
632 words, about 3 min3Working-Capital Slide at a Plastics Manufacturer
Cedar Point Plastics requests a 2.5 million increase to its 4 million revolving line. The company reports three years of revenue growth and positive EBITDA.
553 words, about 3 min4Collection Escalation on a Past-Due Mechanical Contractor
Ridgeline Mechanical owes your HVAC supply company 286,400. The aging is 121,000 over 90 days, 97,000 in the 61–90 day bucket, and 68,400 current.
589 words, about 3 min5Lien Priority and an Altered Credit File
Harbor Point Logistics has requested a 950,000 increase to its 2.1 million credit line. A UCC search shows a competitor, Coastline Capital, filed a blanket UCC-1 two years ago covering all assets.
607 words, about 3 min