SAN DIEGO, CA and DALLAS, TX--(MARKET WIRE)--Dec 3, 2008 -- Edgeware Analytics, Inc., provider of BizLX.com(TM), the Small Business Loan Exchange(TM), and Wings to Go, Inc., owner of the Wings to Go(TM) chain of restaurants, announced today the launch of a private label franchise financing center serving Wings to Go franchisees. The center will initially provide more than 80 current franchisees and applicants direct access to more than 200 BizLX.com member banks for a customized experience when seeking business loans.
As an open but secure exchange that matches small business borrowers and lenders, Edgeware Analytics' BizLX.com provides greater transparency, more accurate risk assessment and increased access to loan options, especially in the current credit environment. BizLX.com member banks use Edgeware's proprietary ScoreEdge(TM) Small Business Credit Score to accurately pre-screen and evaluate loan applicants, while franchisors use the Small Business Loan Exchange to open up new lending opportunities for their franchisees.
"Wings to Go started on a 'wing and a prayer' more than 20 years ago, but our gut instinct about how to start a business was backed up by a lot of smart decisions," notes Wings to Go President Mark C. Goodnow. "We want to support our franchisees with the tools they need to make the smartest decisions for their businesses, which is why we have chosen Edgeware Analytics and BizLX.com."
The Small Business Loan Exchange is a resource for franchisors, franchisees, business brokers, business borrowers, lenders from small community to major national banks, and secondary market financial institutions. All participants can also access to Edgeware's proprietary analytics and loan matching algorithms.
"We are pleased to be working with Wings to Go to bring their franchisees greater access to start-up loans," said Edgeware Analytics CEO Dan Shoham. "By offering better risk management tools for lenders and greater access to loan offers to borrowers, we are able to create new business development opportunities for the small business sector, a vital part of the American economy."
About Edgeware Analytics, Inc.
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(TM), BizLX.com(TM) (www.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(TM), which connects business borrowers with lenders; GovGex.com(TM), which connects sellers and buyers of government guaranteed loans; and ScoreEdge(TM) creditworthiness scoring model used by national lenders, certified development companies, credit unions and community banks. Additional information can be found at www.ew-a.com.
About Wings to Go
Wings to Go restaurants offer simply great buffalo wings with delicious sauces and more! With 80 locations in 19 states, Wings to Go, Inc. has served families across the United States for over twenty years.
Media contact:
Meghan Searles Gardner
Edgeware Analytics
Email Contact
857-222-2864
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