TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
February 21, 2024
Source: FGI Worldwide LLC
NEW YORK, New York, February 22, 2024- FGI Worldwide LLC (“FGI”), a global leader in commercial finance, today announced that GemCap, Texas based provider of revolvers, term loans and factoring facilities for small and medium-sized businesses across the United States and Canada, has chosen FGI T.R.U.S.T.™ as a risk mitigation solution for client credit insurance policies.
T.R.U.S.T.™ is a cloud-based platform that combines technology with functionality to enable corporations, brokers, and lenders to maximize and automate the administration of credit insurance policies. The platform serves as a checkpoint for GemCap, ensuring clients maintain compliance within their policies, allowing for improved borrowing bases, security, and payment of claims.
“The efficiencies created upon implementing the T.R.U.S.T.™ platform were apparent immediately,” said Annie O’Connor, GemCap Head of Portfolio. “Not only does it save time and resources for our team, but the benefits of T.R.U.S.T.™ carry over to our clients, who are able to access the platform to monitor policies on their own. The automation of compliance monitoring, easily identifying any policy issues that arise, allows us to focus our energy on our mission: providing clients with great financing solutions and awesome customer service.”
“GemCap is known throughout the industry for its innovative and solution-based approach to lending,” commented Sami Altaher, President of FGI. “T.R.U.S.T.™ is the perfect tool to support innovations and safe growth for both GemCap and its clients, and we are thrilled to be a trusted partner.”
About GemCap
GemCap provides asset backed loans in the range of $1-$10 million to businesses within the United States & Canada, as well businesses with in-transit inventories en route to the United States. GemCap employs a solutions-based approach to lending and works with business owners to understand their daily challenges.
We align with our borrowers for the long-term and continually check-in. We pride ourselves on our transparency, clear communications and on-time delivery. We proudly support local businesses, employing normal people, doing real work.
To find out more about GemCap, visit: https://www.gemcapsolutions.com/.
About FGI
FGI Worldwide LLC (FGI) is a global leader in the commercial finance industry, equipping small and medium enterprises with the tools they need to enhance their business. Through its three principal business units, FGI Finance, FGI Risk, and FGI Technology, FGI provides clients with flexible and customized asset-based lending and credit insurance solutions designed to support international and domestic growth. T.R.U.S.T.™, FGI’s flagship software, is a powerful web-based credit insurance management platform that automates the management and administration of credit insurance policies in real-time. Headquartered in New York City with offices across the US, Canada, Mexico and the UK, FGI delivers unique and relationship-focused solutions for its clients worldwide.
To find out more about FGI Worldwide, visit: www.fgiww.com
T.R.U.S.T.™ is a cloud-based platform that combines technology with functionality to enable corporations, brokers, and lenders to maximize and automate the administration of credit insurance policies. The platform serves as a checkpoint for GemCap, ensuring clients maintain compliance within their policies, allowing for improved borrowing bases, security, and payment of claims.
“The efficiencies created upon implementing the T.R.U.S.T.™ platform were apparent immediately,” said Annie O’Connor, GemCap Head of Portfolio. “Not only does it save time and resources for our team, but the benefits of T.R.U.S.T.™ carry over to our clients, who are able to access the platform to monitor policies on their own. The automation of compliance monitoring, easily identifying any policy issues that arise, allows us to focus our energy on our mission: providing clients with great financing solutions and awesome customer service.”
“GemCap is known throughout the industry for its innovative and solution-based approach to lending,” commented Sami Altaher, President of FGI. “T.R.U.S.T.™ is the perfect tool to support innovations and safe growth for both GemCap and its clients, and we are thrilled to be a trusted partner.”
About GemCap
GemCap provides asset backed loans in the range of $1-$10 million to businesses within the United States & Canada, as well businesses with in-transit inventories en route to the United States. GemCap employs a solutions-based approach to lending and works with business owners to understand their daily challenges.
We align with our borrowers for the long-term and continually check-in. We pride ourselves on our transparency, clear communications and on-time delivery. We proudly support local businesses, employing normal people, doing real work.
To find out more about GemCap, visit: https://www.gemcapsolutions.com/.
About FGI
FGI Worldwide LLC (FGI) is a global leader in the commercial finance industry, equipping small and medium enterprises with the tools they need to enhance their business. Through its three principal business units, FGI Finance, FGI Risk, and FGI Technology, FGI provides clients with flexible and customized asset-based lending and credit insurance solutions designed to support international and domestic growth. T.R.U.S.T.™, FGI’s flagship software, is a powerful web-based credit insurance management platform that automates the management and administration of credit insurance policies in real-time. Headquartered in New York City with offices across the US, Canada, Mexico and the UK, FGI delivers unique and relationship-focused solutions for its clients worldwide.
To find out more about FGI Worldwide, visit: www.fgiww.com
© 2025 Secured Finance Network
