FGI Worldwide hired David Ding as a managing director based out of the New York office. In this capacity, Ding will be leading the expansion of FGI’s asset-based lending capabilities in the North American marketplace.
FGI Worldwide hired Ronnie Bloom as the firm’s newest managing director. Based in Toronto, Bloom will be responsible for growing and nurturing FGI’s partnerships within multiple Canadian markets.
FGI Worldwide provided a $40 million asset-based loan for ScanSource’s former European business. The facility was used in part to fund a portion of the acquisition by a Charlotte, NC-based family office and to support the company’s future working capital requirements.