Serving the Credit Professional since 1899

March 2024

Comments from our President & CEO

March Webinar

Credit Applications

March 7

NOON to 1 PM PST


Mark your calendars for our March 7 webinar, 12-1 PM, with Jason Torf, on Creditor-focused bankruptcy attorney. Jason helps clients with troubled customers, both in bankruptcy proceedings and otherwise.  

REGISTER TODAY

Scholarships

Apply today!


The Business Credit Foundation was created by NACM Business Credit Services to provide support for educational programs. These include conference attendance, such as the Credit Congress and the Western Credit Conference. Take advantage of this opportunity to learn more about the credit profession.

LEARN MORE AND APPLY
 

Conferences

 The Welcome to Fabulous Las Vegas sign in Las Vegas_ Nevada USA

National Credit Congress Returns to Las Vegas


June 9-12, 2024


The Big Show returns to the city that never sleeps. Register before February 23rd to get a reduced rate.

REGISTER TODAY

The Western Credit Conference Returns to the Puget Sound Area


October 16-18, 2024


Credit professionals return to the upper left-hand corner in October for a schedule of excellent presentations. SAVE THE DATES and look for more information coming soon.

Business News

 
 

Olympia News: Hearings on initiatives off to a quiet start with measure to bar income tax


Washington doesn’t have a state income tax, and a resident-backed initiative that lawmakers heard Tuesday would keep it that way.


Seattle Times

wind_turbines_sky.jpg

Puget Sound Energy Proposes Hefty Rate Hikes to Pay for Hydro and Wind Power


The state’s largest provider of electricity and natural gas proposed its two-year rate hike to the Washington Utilities and Transportation Commission this month.

 

The typical residential electricity customer would see a monthly bill increase of:

 

  • $7.84 starting in 2025 and an
  • Additional $11.20 in 2026.

 

The typical natural gas customer would see a monthly increase of:

 

  • $13.96 starting in 2025 and
  • Additional $1.51 in 2026”

 

These rate increases will need to be approved by the utilities commission, which could take up to 11 months, and would constitute an increase of about 17% and 20% over two years.


New State laws require utilities to transition toward carbon-free or non-emitting sources of electricity and meet emissions targets, among other requirements. To comply, PSE will need to shift away from natural gas and coal, which made up nearly half of its electricity generation in 2022.


Seattle Times

 

Hawaii near-term economic slowing expected as pandemic recovery ends


With Hawaii's recovery from the Covid-19 pandemic largely complete, the state's economy will "downshift this year," according to a recently released first-quarter forecast from the Economic Research Organization at the University of Hawaii, or UHERO.



Pacific Business News

 

Alaska House considers constitutional guarantee for Permanent Fund dividend


The Alaska House of Representatives will vote as soon as Friday morning on a constitutional amendment that would guarantee the annual Permanent Fund dividend.

The proposal, known as House Joint Resolution 7, calls for the dividend to be paid “by a formula set out in law.”


Juneau Empire

 

🏹 This Valentine's Day, we're challenging you to take the CMI Survey and shoot your arrows of insight straight into the heart of B2B Credit Excellence!


💓 Take this as your sign to strengthen your relationship with the credit community. After all, nothing says “I love my job” more than staying committed to the CMI survey.


📈 Once you've completed your Survey, go to LinkedIn and tag five credit friends who should take the CMI too! Repost and let's amplify the heartbeat of credit excellence together! 



🎯 Ready, set, survey! 

Start Your Survey

For more information the NACM CMI, click HERE

 

8 Ways to Build Your Company's Credit


As the new owner of a small business, one of the most important things you can do for your company is to start building your business's credit. At the same time you are working to build your personal credit (if necessary), it's time to start building your entity's credit. The following eight steps are straightforward and well-recognized, and they'll get you on your way to accessing credit lines for your business.


Entrepreneur

 

Board Elections

March 18-22, you will have the opportunity to cast your vote for candidates for our Board Directors. We will present the candidates for your review along with an electronic ballot on the first day of voting. We urge you to get involved in this important process as the Board is the body that governs our professional organization. They work hard to represent your interests and those of the credit profession. Get prepared to vote soon!

 

Calendar

Here's what's on the calendar for February and beyond!

INDUSTRY GROUPS


Puget Sound Area


Thursday, 2.15


Wiring Supply (WS)

11:30 Duke's, Southcenter


Seattle Metro Area Suppliers,

11:30 Online


Tuesday, 2.20


HVAC

11:00 Online


Wednesday, 2.21


Tacoma Construction

11:30 Poodle Dog


Alaska


Wednesday, 2.21


Alaska Suppliers

1:00 Online


Hawaii


Thursday, 2.15


Hawaii Hospitality

11:30 Online


Friday, 2.16


Hawaii Building Group

11:30 Waikiki Yacht Club



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Create a great offer by adding words like "free," "personalized," "complimentary," or "customized." A sense of urgency often helps readers take action, so consider inserting phrases like "for a limited time only" or "only 7 remaining!"

CONFERENCES


NACM National Credit Conference - Jun 9-12


Las Vegas



Western Credit Conference October 16-18


Seattle Tacoma Area


SAVE THE DATE


Seattle Tacoma area



WEBINARS


2.14 "Is Communicaiton your Love Language?" with Jacquie Goodwill


3.7 Credit Applications with Jason Torf


6.19 Economic Outlook with Chris Kuehl


8.14 Automation in the Credit Industry with Yesinne Alvarez


REGISTER FOR ALL
 

Celebrating 125 years of service to the credit profession

WWW.NACMBCS.ORG

800-423-5710