Advance Credit Administration Program
Encyclopedia
The Advanced Credit Administration Program is a series of college equivalent courses designed to prepare a credit manager
Credit manager
A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk and terms of payment to their customers. In companies, the role of Credit manager is variable in its scope...

 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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