Jul 20, 2007 09:47 ET

Preferred Capital to Use Edgeware Analytics' ScoreEdge Small Business Credit Score to Improve Loan Origination Decisions

SAN DIEGO, CA--(Marketwire - July 20, 2007) - Edgeware Analytics, Inc., an innovative provider of profitability tools for small business lenders, has announced today that Preferred Capital BIDCO, Inc. is relying on the ScoreEdge™ small business loan decision model to improve origination decision accuracy.

ScoreEdge is an online, real-time decision tool that provides greater insight into the risk of loan approvals. Edgeware Analytics developed the statistical model by analyzing hundreds of thousands of SBA and conventional loans and their subsequent performance. ScoreEdge examines the same application time data available to the loan officer and returns a three digit score that helps predict the loan's future performance.

"We've worked hard to achieve record growth by adding veteran lending staff and emphasizing our proficiency at providing SBA loans all while maintaining rigorous credit standards," said Rocco Perate, President and Chief Executive Officer of Preferred Capital. "We've selected Edgeware's ScoreEdge decision model to give us additional risk insight so we can achieve continued growth and profit enhancement."

"Preferred Capital is well respected throughout the SBA community and a top lender to small businesses through the Delaware Valley and New Jersey," said Dan Shoham, Chief Executive of Edgeware Analytics. "All of us at Edgeware are excited that Preferred Capital has chosen us as their decision model provider and we're proud to support their ongoing growth plans."

About Edgeware Analytics, Inc.

Edgeware Analytics, Inc., an innovative provider of customized and generic profitability tools to lenders, combines expertise in statistical modeling and credit evaluation to create profit-enhancing predictive models and systems. Used by national lenders, certified development companies, credit unions and community banks; Edgeware's ScoreEdge™, ScoreEdge504™, RiskRate™ and Oscore™ products, work in conjunction with a lender's established underwriting procedures to measurably improve the accuracy of small business credit approvals. Edgeware's SBA Deal Exchange™ is an on-line forum connecting SBA lenders with deals not fitting their lending criteria to lenders seeking available deals. Additional information can be found at: www.EdgewareAnalytics.com.

About Preferred Capital BIDCO, Inc.

Preferred Capital BIDCO, Inc. is a nationally chartered, non-depository lending institution licensed by the Delaware State Banking Commission and a National Preferred Lender with the U.S. Small Business Administration (SBA). Preferred Capital is one of the mid-Atlantic region's top SBA lenders by loan volume. Preferred Capital's corporate headquarters are located at 300 Delaware Avenue, Suite 1380, Wilmington, Del. 19801. Additional information can be found at: www.sbayes.com.

Contact:
Mike Rozman
888-672-6730
Email Contact