Definitions

advanced credit

Advance Credit Administration Program

The Advanced Credit Administration Program is a series of college equivalent courses designed to prepare a credit manager for additional managerial responsibilities and for the CBF Designation exam.

A combination of course work and NACM Career Roadmap points is needed to qualify for the Credit Business Fellow (CBF) designation exam.

The courses required for the ACAP program are:

  1. Business law I (Contracts)
  2. Credit law
  3. Financial statement analysis II

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