Businesses risk billions of dollars each year on sales on credit rather than for cash. Credit professionals must be able to gauge the difference between fact and fraud, between hope and charity, and between faith and foolishness. One of the best sources available to alert the credit professional in helping to form a sound judgment in this delicate and difficult area is an industry credit group.

Credit groups are a critical 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.

Managed and operated by NACM Southern Group in Birmingham, the primary purpose of an industry credit group is to open up communication lines for the exchange of credit information. Through participation in an industry credit group, credit executives receive invaluable factual credit information upon which to base independent decisions with respect to the extension of credit. This results in a reduction of outstanding delinquent receivables and write-offs. Not only do members obtain critical input, but the networking opportunities are of immeasurable benefit.

Credit groups provide members in the same field of business an opportunity to participate regularly in informative roundtable discussions of accounts, as well as share concerns about credit management procedures and techniques. Credit groups operate in virtually every industry, from advertising to construction, food supply to industrial supply, agriculture to steel, etc. More than 1,500 industry credit groups are sponsored and operated by NACM Affiliates nationwide; association staff acts as meeting monitors.

Click on the titles below to learn more about each group:

Commercial Sales Group

This group covers wholesalers and distributors of food products, coffee equipment, meat, poultry, beverages, paper products, linen service and other products use in food and food service such as restaurants, institutions, grocery and convenience stores.

Meets on the 2nd Wednesday of each month at The Club on Red Mountain at 11:30 am.

Lumber Electrical & Steel Group

This group covers construction lenders and suppliers of building materials; concrete, lumber, doors, windows, title and abstract companies, roofing, drywall, insulation materials, floor covering, painting, electrical and steel products, HVAC (heating, air conditioning & generators) and others who supply builders and contractors.

Meets on the 4th Tuesday of each month at The Hoover Country Club in Hoover, Alabama at 11:30 am.


Educational & Financial Group that mentors young professionals and offers courses Credit Professionals. Many of our meetings offer continuing educational units (CEUs) used in certification and/or recertification of individuals pursing an NACM Professional Designation. CFDD also facilitates classes for all CAP courses.

Meets on the 3rd Tuesday of each month at Logan's Steakhouse in Eastwood/Irondale, Alabama at 4:30 pm.

Friday Allied Group

Oral inquiry group for all industries to discuss ledger experience data on new, existing and potential customers. Presently, we have trades such as Pipe & Foundry, Heavy Equipment, Aggregates, Stone & Concrete, Lumber & Building, and Fasteners.

Meets twice monthly on Fridays at Logan's Steakhouse in Eastwood/Irondale, Alabama at 11:30 am.