Management

Mr. Sloane is the President, Chairman and CEO of Newtek Business Services, Inc. Prior to joining Newtek Business Services, Mr. Sloane was a Managing Director of Smith Barney, Inc. where he directed the Commercial and Residential Real Estate Securitization Unit and, prior to that, he was national sales manager for institutional mortgage and asset backed securities sales. Mr. Sloane was founder and President of Aegis Capital Markets, a consumer loan origination and securitization business. Additionally, he was Senior Vice President of Donaldson, Lufkin and Jenrette, where he was responsible for directing sales of mortgage-backed securities and was a senior mortgage security sales person and trader for Bear Stearns, L.F. Rothschild, E.F. Hutton and Paine Webber.

Mr. Brunet currently serves as an Executive Vice President and the Chief Information Officer of Newtek Business Services, Inc. In addition, Mr. Brunet is responsible for strategic planning and marketing on a company-wide basis. Prior to joining Newtek, Mr. Brunet was Chairman and CEO of Harvest Strategies, a strategic consulting firm, and was responsible for developing and implementing corporate strategic plans for its clients on a global basis. Mr. Brunet began his career at South Central Bell Telephone Company and was promoted to AT&T Corporate where he held varying responsibilities in marketing, product development, finance, special bids, National Account Management, and Client Education and Training. He also held the position of Director of Strategic Planning. In 1989, Mr. Brunet became Executive Vice President of Entergy Corporation and was accountable for managing and directing the overall Entergy System retail and wholesale marketing effort, including strategy development, policy preparation and administration, market development, and market analysis and research. During his tenure with Entergy, he served as Chairman of the Strategic Planning Committee of the Electric Power Research Institute (EPRI). He also served on the Board of Directors of Entergy Enterprises guiding decisions on unregulated activities, including strategic acquisition of and investments in generation and distribution, and new technology assets domestically and internationally.

Ms. Eddelson has served as the Chief Accounting Officer since July 1, 2011. Ms. Eddelson previously served as the Corporate Controller and Vice President of Financial Reporting since October 2004. Ms. Eddelson has over ten years of experience in accounting and tax. Prior to joining Newtek, Ms. Eddelson was a Manager for Janover, LLC, a public accounting firm located in Garden City, New York.