What is an Industry Credit Group? One of the special services that NACM Business Credit Services offers to its members is Industry Credit Groups. If you are not familiar with this unique service, it is an open forum meeting where members can freely discuss and review business customers, discuss ongoing legislation that may impact industries, and network with other group members. Industry credit groups have been organized on behalf of various industries by NACM since 1902. Each meeting is conducted by an experienced NACM representative where strict compliance of Anti-trust Laws and confidentiality are maintained. How do Industry Credit Groups function? Most Industry Credit Groups meet monthly. Others, meet quarterly or bi-monthly. Our regional and national groups also offer phone conferences which appeals to time management and cost effectiveness. In addition, utilizing today's technologies, remote Online credit groups participation is available. Each group elects a chairperson and co-chairperson to conduct meetings. Each member submits names for discussion. These names, along with each member's updated credit information, are discussed. After the group members have shared their credit information on submitted names, a round table discussion is held on any additional names for discussion. Each meeting usually lasts approximately 1 1/2 hours.