Premiums on SBA Loan Sales on GovGex.com Reach 110%

Fair and Open Exchange Delivers Competitive, Transparent Sales

SAN DIEGO, CA--(September 29, 2009) - Premium bids on GovGex.com for SBA loan sales surpassed 110% for the first time since the fair and open exchange for the sale of government guaranteed loans was launched in May of 2008. As reported by the GovGex Independent Pricing Service™, loan terms such as base rate (Prime vs. LIBOR), spread on top of base rate, loan amount and years to maturity continue to have a significant impact on bid levels.

GovGex, a service provided by Edgeware Analytics, is an open exchange connecting government guaranteed lenders with loan buyers including broker dealers, banks, and direct investors. Lenders turn to GovGex to meet their fiduciary duty of selling assets in a competitive bid process and to capture the highest premiums possible.

The record setting loan was posted by a leading bank in Pennsylvania on 9/21/2009 at 8:09 ET. Upon posting the GovGex system presented the fully-priced 25-year SBA 7(a) loan to more than 30 potential buyers. At 4:00 pm that same day the loan was sold for above 110%. Following the record setting sale, the posting bank turned to GovGex to seamlessly meet the bank's settlement and gain-on-sale calculation requirements..

Bob Coleman, publisher of the Coleman Report, the leading information provider on small business lending, sees the return of 110% premiums as an important signal. "Although volume numbers continue to be way down across the SBA market, premiums returning to 110% is certainly a very real green shoot," said Coleman.

GovGex makes loans available to a growing network of more than 30 buyers, including the leading SBA pool assemblers and direct investors. To learn more visit: http://www.govgex.com/premium.php.

About Edgeware Analytics, Inc. and GovGex.com

Edgeware Analytics, Inc. provides a comprehensive suite of technology products and services to the small business lending marketplace. The company's Small Business Loan Exchange™, BizLX.com™, utilizes powerful analytics to transparently match a broad array of lending marketplace participants including business borrowers, aggregators such as franchisors and business brokers, lenders, secondary market funding sources, and vendors to small businesses. Elements of the Small Business Loan Exchange include SBLX™ connecting business borrowers with lenders, GovGex.com™ connecting sellers and buyers of government guaranteed loans, and the ScoreEdge™ creditworthiness scoring model used by national lenders, certified development companies, credit unions and community banks. Additional information can be found at www.BizLX.com.

Media contact:
Mike Rozman
Edgeware Analytics
mrozman@ew-a.com
888-672-6730