Preferred Capital doubled small business lending in 2005
Wilmington, DE, January 31, 2006 - Preferred Capital, LLC, - said on Tuesday that it doubled lending to small businesses through its BIDCO, Preferred Capital BIDCO, Inc., in the fiscal year 2005 ending December 31. The Wilmington, DE headquartered company reported that growth came as part of their effort to increase lending with government-backed loans, provided as part of the 7(a) loan program of the U. S. Small Business Administration. Preferred Capital expanded its focus and participation in SBA loans by and boosting its presence in the SBA's Preferred Lending Program (PLP). Preferred Capital has been designated a participant in the program in the states of PA, NJ and DE. Preferred Capital BIDCO, Inc. is a non-depository lending institution licensed by the Delaware State Banking Commission.

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