MEMA Financial Services Group, Inc. ABCD Motor Credit Association (ABCD)

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MEMA Financial Services Group, Inc. ABCD Motor Credit Association (ABCD) MEMA Financial Services Group, Inc. ABCD Motor Credit Association (ABCD) The purpose of AVG is to provide our 29 member credit and financial executives with a confidential platform to discuss the historical and current trade payments, operations and challenges of their mutual customers. The customers are motor vehicle OE’s, tier 1 manufacturers, wholesalers, warehouse distributors and some retailers. Participation can alert your company to issues with existing and/or potential customers or trends in the industry that could adversely impact your bottom line. Networking with fellow financial and credit professionals at these meetings promotes personal development, enhances job skills and provides insight to key industry benchmarking data. The information collected can lower your company’s DSO and bad debt while at the same time enabling you to approve and/or update accounts. The customer names listed below is a sampling of the accounts that are discussed at a typical ABCD meeting. At the typical meeting approximately 90 accounts are discussed. Members are encouraged to submit any prospect or existing customer for discussion. Akebono Gillig Corporation Paccar Inc. Allison Transmission Great Dane LP Polar Custom Trailers Inc. Atscott Manufacturing Hale Trailer & Truck Equip Sakthi Automotive Group USA Aurora Parts & Accessories The Heil Company Seagrave Fire Apparatus LLC Bendix Corp Hyundai Translead Silver Eagle Manufacturing Co. Blue Bird Body Co. International Truck & Engine Specialized Vehicles Corp. BMW Manufacturing JCB Earthmovers Stoughton Trailers Inc. Bobcat Company Lode-King Industries Strick Corporation Brighton N.C. Machine Corp Mac Trailer Manufacturing Terex Corporation CNH Group NV Mack Trucks, Inc. Tesla Motors Inc. Crane Carrier Company Inc. Manac Inc. Thomas Built Busses Inc. Daimler Trucks North America Manac Trailers USA Toyota Boshoku America Deere & Company Mercedes Benz Trail King Industries Duro-Life Corp. Meritor, Inc. TruckPro Inc. Featherlite Manufacturing Mickey Truck Bodies Inc. Utility Trailer Manufacturing Co. FCA US LLC (Chrysler Group) Motor Coach Industries Intl. Vanguard National Trailer Corp. FleetPride Inc. Navistar Mexico SA de CV Volvo Global Trucks Ford Motor Company New Flyer Industries Ltd. Wabash National Corp. General Motors Company Oshkosh Truck Corporation The ABCD group meets six times per year in major cities at hotels near the airport. An annual fee of $2,600 covers all meeting expenses (general meeting expense, group lunch, reception and dinner) leaving only hotel and travel costs to the individual members for each meeting. According to a recent survey by “Credit Today” the cost benefit of participating in a credit group was a ratio of 50:1 benefit to cost. Join the ABCD group and better protect your accounts receivable, which is one of the biggest assets of your company. For more information on the ABCD group or MFSG please contact Dan Pike at [email protected] or 919-406-8821 .
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