FGI Finance

About FGI Finance

FGI is a global commercial finance company established in 2000 by co-founders David DiPiero and Sami Altaher, who met while studying at Drexel's LeBow College of Business, along with Joseph Albertelli. The founders identified a market need for financing international assets, as domestic lenders typically do not lend against them. DiPiero, now CEO, previously worked in international business development at Delphi Petroleum International, and Altaher, the current President, was a senior research analyst at BOE Securities and started his career in international trade finance. The company was founded in Philadelphia and relocated to New York City in 2003.

The firm operates through three primary business units: FGI Finance, FGI Risk, and FGI Tech. This structure allows the company to offer a comprehensive suite of services to small and medium-sized enterprises (SMEs) to support their domestic and international operations. FGI's business model centers on providing customized financial solutions, generating revenue through interest on loans, and fees for its various financial services and software platforms. The company serves a diverse client base across sectors such as business products and services, healthcare, information technology, and manufacturing.

FGI's core offerings include asset-based lending, receivables financing, invoice discounting, and equipment financing. A key differentiator is its ability to finance international assets and handle complex, multi-jurisdictional transactions, offering facilities in over fifteen currencies. FGI Equipment Finance, a joint venture with Tetakawi, focuses specifically on financing manufacturing assets in Mexico. In addition to lending, FGI provides risk mitigation services through FGI Risk, offering credit insurance and political risk protection. The company has also developed a proprietary web-based software, T.R.U.S.T.™, which automates the management and administration of credit insurance policies for its clients in real-time.