Credit Business Associate - CBA

DEFINITION of 'Credit Business Associate - CBA'

A designation awarded to those who show mastery in financial statement analysis, basic financial accounting and business credit principles. The Credit Business Associate (CBA) designation is sponsored by the National Association of Credit Management (NACM) and is aimed towards careers in credit management. To obtain this designation candidates are required to write an exam. There is no minimum work experience required and most of the course work needed to obtain this designation can be achieved through self-study, nationally sponsored programs, local NACM affiliated programs and colleges.

BREAKING DOWN 'Credit Business Associate - CBA'

The CBA designation requirements can be obtained one of three ways:


• Candidates that successfully complete a NACM sponsored certificate program.


• Successfully completing the Principles of Business Credit Principles independent study course.


• The last option is to attend a Credit Administration Program (CAP) which prepares applicants by going through the three business principles of financial statement analysis, basic financial accounting and business credit principles.

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