Upon successful completion of this course, the student should understand the role of credit in financial management, the components of effective credit department systems and procedures, specific government regulations that pertain to business credit, credit and policy procedures, selling terms, negotiable instruments, the Uniform Commercial Code, credit investigations, financing and insurance, business credit fraud, factors associated with credit limits, out-of-court settlements, and bankruptcy.
Students that purchase this course as a package will receive a complimentary copy of Principles of Business Credit, published by NACM.
Module Levels are indicated as follows:
= Basic = Intermediate = Advanced = Update
You can order all modules in this course at once for the price of $549.00!
This module will present the steps the credit professional can take to build a strong defense against preference claims and minimize the cost of legal fees. Practicing good Credit Department Hygiene and knowing your customers and their payment patterns and how they align with the allowable defenses of a preference, can better the creditor's position for a strong defense. More info
This learning module will provide a broad overview of bankruptcy to familiarize the student with the different chapters of bankruptcy and the parties involved More info
This learning module discusses the major bankruptcy chapters in depth and describes how a creditor can deal with and work through the different chapters of bankruptcy. More info
This learning module provides a description of known circumstances that most frequently reveal the trail of fraud in the making, and help credit professionals identify the steps necessary to protect their firms from financial loss through credit risk. More info
Understand what a Letter of Credit is and how it can help you to reduce the risk in your international transactions. Learn which types of Letters of Credit are best for your situation and how to avoid the most common documentation discrepancies. More info
This learning module discusses all phases of gathering credit information – from the legal right to do so, to the reason(s) why it is important, to setting up the process. More info
This learning module discusses Defining the Credit Policy; Establishing the Credit Policy; Implementing the Credit Policy; Types of Credit Policy; the Credit Procedures Manual; Credit Applications; and the Credit Application as a Contract. More info
This learning module discusses the importance of the credit application. Why it is important, how it ties into the credit policy. Things you should consider when designing your credit applications And the importance role the application plays in the credit department and credit investigations. More info
This learning module will look at some of the ways credit and sales can work together to maximize efficiencies, make a positive impact on company profits and provide the best possible customer service. More info
This module will cover the a brief history of credit, reasons credit is offered, the important elements of credit and where it fits into the business cycle, the different types of credit, and the Federal Reserve System and its impact on the economy. More info
This module will cover why credit is a function of business, the strategic role of credit, where credit typically fits within the business organization, the role of credit in the operating cycle and the goals and core activities of a credit department. More info
This learning module will discuss Objectives of Customer Visits; Customer Education and Best Practices; Account Status and Collecting Money; Preparation; and After the Visit. More info
$69.95
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Financing and Business Insurance - Part 1 - Financing
This learning module will discuss Financing Needs, Factors/Factoring, Finance Companies, Banks, Leasing, Leveraged Buyouts, and Government Programs. More info
$69.95
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Financing and Business Insurance - Part 2 – Credit Insurance
This module will cover country risk analysis versus international customer credit decisions, common problems for the exporter, open account terms, commercial letters of credit, standby letters of credit, sight drafts, dated drafts, bankers acceptances, foreign exchange, sources of government and private sector financing, legal considerations and the role of the freight forwarder. More info
This learning module presents the Concept of Negotiability; Kinds of Negotiable Instruments; Certificates of Deposit; Negotiation of Commercial Paper; and Checks Marked “Paid in Full”. More info
This module discusses the role of the credit department and how its proper structuring can ensure that the role of credit contributes to the overall success of a company. It will cover organizational options for the credit department, the benefits of centralization, the benefits of decentralization, management responsibilities, components of the credit department team and the importance of training. More info
This learning module will present information which will help the credit professional become familiar with both of these methods and their advantages and disadvantages, in order to participate effectively if a customer becomes insolvent. More info
PCI-DSS (Payment Card Industry-Data Security Standard) is an issue that will affect anyone taking credit card payments regardless of size, location, composition of business or type of product or service. More info
In this module, we will explore the pertinent Acts and the origin and reasoning behind the antitrust laws that help the credit department develop. More info
Recognizing the importance of free and responsible exchange of credit information in the open, unsecured credit-based American economic system, this presentation is intended to describe some ethical standards for conduct in the exchange of credit information as it relates to defamation and confidentiality of both customers and suppliers. More info
$69.95
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Taking the Fear Out of Financial Statement Analysis
Does the thought of analyzing a Financial Statement send you into complete fear? Your fears will soon be over!
This module covers the basics of a financial statement and the main points to look for in analysis. It will review the components of a financial statement and how to extract the information that becomes important to the credit professional. More info
The material presented in this module focuses on payment terms; from a legal standpoint the words “terms” and “conditions” are used interchangeably. More info
This module will cover a brief guide to the UCC, and descriptions and explanations of Article 2: Sales, Article 6: Bulk Sales and Article 9: Secured Transactions. More info
$69.95
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You can order all modules in this course at once for the price of $549.00!
= Basic 
= Intermediate 
= Advanced 
= Update