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Short History about NACM
The financial Panic of 1893 stunned businesses, resulting in multiple bankruptcies and severe deflation.
A few years later, delegates from several credit groups met to form an organization in which credit practitioners could work together to prevent a similar crisis. The result of that meeting was the creation of the National Association of Credit Management in 1896. In 1901, a Salt Lake City affiliate was formed.
More than a century later, NACM Business Credit Services continues to assist local businesses involved in the day-to-day business of making credit decisions. Now located at 5710 S Green Street, Murray, Utah, the association is one of many NACM offices nationwide.
The member-owned associations' members range from small businesses to large corporations in all major sectors. The association helps members protect one of their largest assets - accounts receivable - by providing risk management tools and credit related products, services and education.
Through seminars and trainings, NACM Business Credit Services' employees help members learn how to open new accounts with less risk of not being paid. NACM employees train credit department employees to do their work in a more efficient manner.
Other services offered by the association include business credit reports, industry credit groups, collections and mortgage credit reports.
NACM Business Credit Services has stood the test of time by providing valuable products and services on a timeless aspect of business maintaining good credit.