Credit Business Fellow (CBF)

Credit Business Fellow^sm (CBF^sm)

The Credit Business Fellow (CBF) Designation is an academic and participation-based designation which illustrates that achievers are knowledgeable about and have contributed to the field of business credit by first having earned the CBA designation as well as having completed additional course work. The CBF signals competence in intermediate financial analysis and business and credit law. In addition to completing course work, CBF designation applicants must show evidence of 75 NACM Career Roadmap points. An updated copy of your resume should accompany your CBF Application form and completed Career Roadmap. The NACM Education Department will notify you in writing as to your eligibility to take the CBF exam.

The three courses needed to qualify for this designation are:

Business Law I (Contracts, Negotiable Instruments)
Credit Law (UCC, Bankruptcy, Antitrust)
Financial Statements: Interpretation and Credit Risk Assessment (formerly Financial Statement Analysis II)

How to Complete the Required Courses
The Business Law I course should be completed before the Credit Law course.
The required courses may be completed:

by attending college courses (community, junior or four year) or,
by completing a nationally sponsored certificate program such as the Mid Career School Program
through the Advanced Credit Administration Program (ACAP) sponsored by local NACM Affiliated Associations or,
through NACM online self-study.

You may "mix" any of these methods; you may complete some of the required courses through a college, some through self-study and some through ACAP. A minimum passing grade of "C" or higher is necessary in each course to fulfill a requirement. It is recommended that information about the course be sent to the NACM Education Department for course equivalency evaluation prior to enrollment. If you have already completed this course work, you must submit details about the course's curriculum; please send either a course outline or description to ensure that course equivalency can be evaluated.

CBF Process At-A-Glance

Hold the CBA Designation
Complete the Required Course Work
Complete an NACM Career Roadmap, showing evidence of 75 points
Complete the CBF Designation Application Form

Once you've qualified, you may take the CBF Designation Exam. The three-hour exam is offered three times a year nationwide at local NACM Affiliated Association offices and once a year at the NACM Annual Convention. Click here to access the CBF Exam Study Guide.

The National Education Department
The National Association of Credit Management
8840 Columbia 100 Parkway
Columbia, MD 21045-2158
Telephone: 410/740-5560
Fax: 410/740-5574
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