FGI Worldwide (“FGI”) announced that United Capital Funding Group has implemented TRUST™ as its platform for client credit insurance policy management.

TRUST, a cloud-based SaaS credit insurance management platform developed by FGI Tech, simplifies and automates the administration of credit insurance, enabling corporations, brokers and lending institutions to seamlessly monitor, manage and maintain policies across insurance providers. 

A leading factoring company, United Capital Funding leverages trade credit insurance to manage its non-recourse business. TRUST’s ability to present credit risk information on both a Client and Debtor level, combined with its capability to work with multiple insurers and policies, offers United Capital Funding visibility into exposures and the flexibility to add or move insurance policies without having to change its credit monitoring processes.  

“As our business expands, tracking credit coverage across the portfolio was becoming increasingly challenging and time intensive for our team members,” said Kim Doss, CBA, CCRA, Senior Credit Analyst at United Capital Funding. “TRUST’s integration with our core factoring system allows for synchronizing financing data and tracking of coverage gaps, giving our team the freedom and confidence to focus on other initiatives, knowing policies are monitored 24/7.”

“We are proud to support United Capital Funding’s continued growth with a platform that promotes efficiency and safety,” said Paul Bower, Director, FGI Tech. “TRUST’s automated end to end processing is a long-term solution for the business and we look forward to our continued partnership.”