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Edgeware Analytics Announces Partnership Agreement with Anchor Commercial ServicesAnchor Commercial Services' LMS to be integrated with Edgeware Analytics’ 504-focused small business decision models for more accurate origination and servicing decisionsSAN DIEGO, CA -- -- 05/04/2006 -- Edgeware Analytics, Inc., an innovative provider of decision tools for small business lenders, has announced a partnership agreement with Anchor Commercial Services, a leading provider of loan management software for Small Business Administration (SBA) 504 lenders. Through a seamless integration, Anchor Commercial Services’ Loan Management System (LMS) users will have access to Edgeware Analytics’ 504-focused small business decision models. The addition of these data-driven tools to LMS provides enhanced credit risk assessment which lenders can leverage to make more accurate origination and servicing decisions. “We are consistently enhancing LMS to deliver the best possible solution for our clients as evidenced by our new partnership,” said Julie Middleton Vice President of Operations for Anchor Commercial Services. “The addition of Edgeware’s decision models gives our clients profit-enhancing, easy-to-understand scores to make more informed decisions.” “We are thrilled to integrate our SBA-504 decision models with Anchor Commercial Services, long the loan-software provider of choice for SBA 504-lenders,” said Mike Rozman, president of Edgeware Analytics. “More than 70% of the top-100 Certified Development Companies rely on LMS and we are proud to offer these selective users with the predictive insight of our powerful empirical models designed specifically for SBA 504 lenders.”
About Edgeware Analytics Edgeware Analytics, Inc., an innovative provider of customized and generic decision tools to lenders, combines expertise in statistical modeling and credit evaluation to create profit-enhancing predictive models. Used by national lenders, certified development companies and community banks; Edgeware's ScoreEdge™, ScoreEdge504™, and Oscore™ products work 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, LLC Anchor Commercial Services, LLC has been providing software to the SBA lending industry since 1988. Anchor’s Loan Management System has long been recognized as the most diversified SBA system available today. The system is currently being utilized by over 160 CDCs, representing 60% of all SBA 504 loan approvals. Loan Management System has expanded over time to include the ability to produce 7a and SBAExpress loans as well as commercial applications that could be used for most any type of commercial lending. With the addition of the document manager a lender could customize their commercial documentation so that all their commercial lending could be handled on one system. Additional information can be found at:http://www.anchorcommercial.com/. Mike Rozman 888-672-6730 Email Contact |