FGI Worldwide LLC (FGI) has collaborated with Bibby Financial Services (BFS) to implement FGI T.R.U.S.T. as BFS’ chosen software platform for managing and administering bad debt protection.
The partnership aims to leverage FGI T.R.U.S.T., a cloud-based platform that merges technology and functionality.
This collaboration empowers corporations, brokers, and lenders to enhance and automate the administration of credit insurance policies, ensuring more efficient management of bad debt protection.
The implementation of FGI T.R.U.S.T. by BFS was a collaborative effort completed ahead of schedule, showcasing the commitment of both teams towards a successful partnership. .
FGI operates as a global leader in the commercial finance industry, offering small and medium enterprises flexible asset-based lending and credit insurance solutions through its three principal business units: FGI Finance, FGI Risk, and FGI Technology. FGI focuses on supporting international and domestic growth by providing customised solutions tailored to businesses.
BFS stands as the UK’s largest independent invoice finance provider, offering a range of financial services that facilitate the growth of businesses. Their decision to opt for FGI T.R.U.S.T.™ over other platforms underscores its robust features and FGI’s adaptable and solution-oriented approach.
Sami Altaher, President of FGI, said, “BFS is a world-renowned leader in the financial services industry, and FGI is proud to support its continued advancement with our T.R.U.S.T. technology. This partnership is the latest step in FGI’s global expansion as lenders recognize the need to optimize the management of their credit insurance and bad debt protection. Our teams worked together to ensure a smooth implementation of the software, and we are excited about growing the relationship.”
James Cooper, Chief Technology Officer of BFS added, “We are thrilled that BFS has successfully migrated onto the T.R.U.S.T. platform. It has been fantastic to work with the FGI team, and we have found the level of professionalism unrivaled. We look forward to a long-term strategic partnership.”
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