FGI Worldwide LLC (“FGI”), a global commercial finance provider, announced that Sallyport Commercial Finance LLC (“Sallyport”) has selected FGI Tech’s T.R.U.S.T.™ software platform to manage its client credit insurance policies.
T.R.U.S.T.™ is a cloud-based SaaS solution that automates credit insurance administration, offering seamless policy management across multiple insurance providers. The platform is designed for corporations, brokers, and lenders to track, maintain, and gain insights into credit insurance coverage in real-time.
With Sallyport continuing to grow, the platform will allow the specialty finance firm to enhance its financing offerings by providing better visibility into client credit positions and insurance coverage. This move is expected to improve availability of funding where risk mitigation through insurance is critical.
“We are thrilled to incorporate T.R.U.S.T. into our operations,” said Emma Hart, Chief Operating Officer of Sallyport. “Real-time visibility into clients’ credit exposures and coverage positions gives us the ability to extend financing where we might not have been able to previously.”
“Sallyport Commercial Finance LLC is a leader in providing working capital solutions to businesses across North America,” said Paul Bower, director at FGI Tech. “FGI is proud to play a role in their continued growth and futureproofing with our T.R.U.S.T. software.”
