FOR IMMEDIATE RELEASE
SAN DIEGO, California -- October 5, 2005 --
Edgeware Analytics, a leading provider of decision tools for
small business lenders, has announced a development agreement with Anchor
Commercial Services, the top loan systems provider to SBA 504-lenders.
Anchor Commercial Services will be enhancing their Loan
Management System (LMS) to allow users to seamlessly share historical loan
information with Edgeware Analytics.
This will enable Edgeware’s team of analytic experts to develop
predictive data-driven tools tailored for the critical decision points involved
in loan origination and servicing.
Anchor Commercial Services and Edgeware Analytics have joined forces in
this project to allow LMS users to more accurately risk rate new and existing
loans.
“We are thrilled to partner with Edgeware Analytics to even
better serve our LMS client,” said Julie Middleton, Vice President of Operations
for Anchor Commercial Services.
“Edgeware Analytics is the innovation leader in creating analytics for
small business lenders and we are excited at the prospect of adding statistical
models to LMS.”
About Edgeware Analytics, Inc.
Edgeware Analytics is an innovative provider of generic and customized decision tools to lenders. Edgeware combines expertise in statistical modeling and credit evaluation to create profit-enhancing predictive models. Used by national lenders and community banks alike, Edgeware’s ScoreEdge product, works in conjunction with a lender’s established underwriting procedures to measurably improve the accuracy of small business credit approvals. Additional information can be found at: http://www.edgewareanalytics.com/.
About Anchor
Commercial Services