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Edgeware Analytics enhances ScoreEdge for small biz lenders
SAN DIEGO (4/16/08)--Edgeware Analytics, a provider of business lending tools, announced that its ScoreEdge Small Business Credit Score includes a data-driven Franchise Risk Score and access to the Small Business Administration (SBA) Franchise Registry. ScoreEdge examines application time data available to loan officers and returns a risk assessment with a score that predicts the loan’s future performance, as well as industry, geography and franchise risk. The SBA’s franchise registry allows lenders to verify a franchise system’s lending eligibility. The link provides real-time searching and reporting on the registry, saving lenders time. Edgeware provides tools used by financial institutions including credit unions.


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