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ExpoCredit Selects FGI T.R.U.S.T. for Credit Insurance Policy Administration

Date: Apr 30, 2024 @ 07:00 AM
Filed Under: Factoring News

FGI Worldwide 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.”

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