Preferred Capital BIDCO, Inc. Announces Highest Honor
Wilmington, DE, Preferred Capital BIDCO, Inc. September 30, 2005 - announced that it has achieved the highest honor bestowed upon an SBA lender by obtaining the ability to participate in the SBA's Preferred Lender Program (PLP) with the U.S. Small Business Administration (SBA) in the New Jersey, Philadelphia and Delaware District offices of the SBA. The company also announced that it has obtained SBAExpress loan status, which allows for the company to make Express loans (fast track loans up to $350,000, which have a 50% guarantee from the SBA) throughout the United States. "We are very pleased and honored that the SBA has recognized our expertise and outstanding abilities within the SBA loan programs. Being both a PLP and Express lender with allow us to achieve our goals and execute on our model to assist small business customers and be recognized as an alternative (to the banks) competent SBA lender." stated Rocco P. Perate, President and CEO of Preferred Capital BIDCO, Inc. Preferred Capital BIDCO, Inc. is a non-depository lending institution licensed by the Delaware State Banking Commission.

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