Industry Credit
Groups
We host national, regional and local credit groups in agriculture, animal health, bio-fuels, construction and steel. These forums use industry-leading technology to help your business evaluate risk, while also providing you opportunities for networking and education.
​An industry credit exchange group is an association of credit professionals from the same industry who meet on a regular basis for the primary purpose of exchanging credit information, including customer payment history and industry trends.
​
Credit groups are an effective management tool.
​
They permit credit professionals of different companies servicing the same customer, regardless of industry or trade, to compare information on collection history and provide a forum for the exchange of data as to the most recent payment practices. The purpose of exchanging information is to help group members segregate fiction from fact, so individually competent and realistic credit decisions about a customer can be made.
​
All NACM Heartland industry credit groups follow antitrust guidelines. Antitrust laws promote business and limit monopolies and anti-competitive behavior. NACM antitrust guidelines limit exposure to claims of anti-competitive behavior in the industry group environment.
​
Benefits
​​​
-
Offer exceptional networking opportunities
-
Enable credit information exchange on shared customers
-
Support informed, independent credit decisions
-
Provide a forum for credit management best practices
-
Facilitate discussions on accounts and delinquency reports
-
Comply with federal antitrust guidelines
​
WHAT PEOPLE SAY
SELA RIZO
CONSTRUCTION CREDIT
EXCHANGE GROUP
Being part of this group gives me a deeper understanding of my customers and the challenges they face. When I encounter a difficult situation, I can easily reach out to other members for advice and support."
RYAN LAMBLEY
NAR KS CREDIT EXCHANGE
GROUP
The connections I’ve built with other credit professionals have been instrumental in creating strong relationships that extend beyond the credit field. I would encourage others to join and see the benefits for themselves.
DAN HOUK
CONSTRUCTION CREDIT EXCHANGE GROUP
The group provides a neutral space where competitors can openly discuss industry issues without the fear of stealing customers. It allows me to ask questions, tackle challenges, and build strong relationships with fellow credit professionals."
Explore NACM Heartland
Industry Credit Groups
Bio-Fuels Credit Exchange Group The focus of our bio-fuels credit exchange group are in the retail, wholesale and general distribution within the bio fuels industry. Members must be a manufacturer, dealer, distributor or a business dealing in the ethanol and/or bio diesel industry approved by the membership. Meetings are held the first Wednesday of February and October with a late spring meeting.
Construction Credit Exchange Group The members of the construction group are major manufacturers, wholesalers and distributors of Construction products, services and financing which have substantial local and regional distribution, serving common customers. Meetings are held the fourth Thursday of every month.
The Grain Feed & Livestock Credit Exchange Group The purpose of this group is be to promote and encourage the exchange of ideas of mutual benefit, collect and compile credit experience information for distribution to members, and discuss timely subjects of interest to the Agriculture/Animal Health Industry specifically in the areas of Grain, Feed, (includes sales to feedlot yards) and other agricultural / animal health products sold to those industries including the Livestock industry (including dairy cattle, poultry and other livestock as needed). Â Members must have sales to Farm/Agriculture/ Animal Health customers. Meetings are held the first Wednesday of February and October.
Heartland Ag Business Exchange Group To qualify for membership in the group, a company must meet the guidelines for membership established by the board of directors. Companies must be engaged in the manufacture, processing or distribution of agricultural chemical and fertilizer products or products which are basic to the agricultural industry. Companies must also be involved in national or regional wholesale distribution of these products with a substantial number of accounts, common customers, and annual sales dollars comparable to the majority of other members. Meetings are held the first Wednesday of February and October.
Heartland Steel Credit Exchange Group The members of the Heartland Steel Credit Exchange Group are major distributors and manufacturers of steel or metal which have substantial local, regional & national distribution, serving common customers. The group was formed to cover inquires west of the Mississippi, although the members of this group also cover some inquiries in Illinois and Wisconsin. Â Meetings are held the third Monday of February, May, August and November.
Manufacturers Animal Health Exchange (MAX) Group The member company for the MAX group must be a manufacturer of animal health products. Meeting are held in April and October.
National Ag Retail (NAR) Credit Exchange Group The members of this group must have sales to farms and agriculture companies. Meetings are typically held regionally throughout the Midwest.
Turf Ornamental Golf & Seed National Credit Exchange Group To qualify for membership in the group, a company must be engaged in the manufacture or processing of agricultural products or other products which are sold to turf accounts, garden centers, golf courses, pro shops or any other related industry with the same customer base. The company must be involved in national or regional wholesale distribution of these products. Meetings are held the first Wednesday of February and October.
