ExpoCredit Selects FGI T.R.U.S.T.™ for Credit Insurance Policy Administration
NEW YORK, New York, April 30, 2024- FGI Worldwide LLC (“FGI”), a global leader in commercial finance, today announced that ExpoCredit Financial Group (“ExpoCredit”), a leading invoice factoring company since 1998, has selected FGI’s T.R.U.S.T.™ platform to automate the monitoring, managing and maintenance of internal and client-held credit insurance policies.
Headquartered in Miami with offices in Mexico City and Bogotá, ExpoCredit specializes in providing working capital financing to domestic and international companies in need of immediate cashflow. The T.R.U.S.T.™ platform enables credit insurance reporting across ExpoCredit’s entire footprint in addition to centralizing multiple credit insurance policies.
“We pride ourselves on helping companies of all sizes and in many industries secure the short-term financing they need to grow and thrive,” said Catalina Pelaez, Sales Managing Director, ExpoCredit. “Monitoring multiple insurance policies with different carriers is key to our business and integrating T.R.U.S.T.™ into our systems has allowed our team to proactively and efficiently monitor all policies from a single dashboard.”
“Optimizing credit insurance policies has become increasingly important in this dynamic market, and T.R.U.S.T.™ is a solution that allows lenders, brokers and corporations to mitigate risk by efficiently managing those policies,” said Sami Altaher, President of FGI. “ExpoCredit is a globally recognized expert in the international and domestic factoring space, and we are pleased to support its prioritization of safeguarding assets.”
About ExpoCredit
ExpoCredit LLC is a US based technology enabled specialty finance company that has been operating since 1998. ExpoCredit works with businesses of all sizes and across industries facilitating them to secure short-term financing required for growth. The company specializes in Accounts Receivable financing and has served clients globally and across multiple industries for both domestic and cross the border transactions.
To find out more about ExpoCredit, visit: https://expocredit.com/en/home/
About FGI
FGI Worldwide LLC (FGI) is a global leader in the commercial finance industry, equipping small and medium enterprises with the tools they need to enhance their business. Through its three principal business units, FGI Finance, FGI Risk, and FGI Technology, FGI provides clients with flexible and customized asset-based lending and credit insurance solutions designed to support international and domestic growth. T.R.U.S.T.™, FGI’s flagship software, is a powerful web-based credit insurance management platform that automates the management and administration of credit insurance policies in real-time. Headquartered in New York City with offices across the US, Canada, Mexico and the UK, FGI delivers unique and relationship-focused solutions for its clients worldwide.