NEW YORK, Feb. 24, 2015 /PRNewswire/ -- Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company ("BDC"), today announced that JMP Securities LLC initiated research coverage on the Company with a "Market Perform" rating.    For more information on this report, you may contact the following JMP Securities LLC research analysts: Christopher York at cyork@jmpsecurities.com or 415-835-8965; David M. Scharf at dscharf@jmpsecurities.com or 415-835-8942; or Hannah Kim at hkim@jmpsecurities.com or 415-835-8962.

About Newtek Business Services Corp.

Newtek Business Services Corp., The Small Business Authority^®, is an internally managed BDC that provides a wide range of business services and financial products under the Newtek^® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to over 100,000 SMB accounts across all 50 States to help them grow their sales, control their expenses and reduce their risk.

Newtek's products and services include: Business Lending, Electronic Payment Processing,  Managed Technology Solutions (Cloud Computing), eCommerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage^™, Insurance Services, Web Services, Data Backup, Storage and Retrieval and Payroll.

The Small Business Authority^® is a registered trade mark of Newtek Business Services Corp., and neither are a part of or endorsed by the U.S. Small Business Administration.

Note Regarding Forward Looking Statements

Statements in this press release including statements regarding Newtek's beliefs, expectations, intentions or strategies for the future may be "forward-looking statements." All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. Risk factors, cautionary statements and other conditions, which could cause Newtek's actual results to differ from management's current expectations, are contained in Newtek's filings with the Securities and Exchange Commission and available through http://www.sec.gov.

For more information, please visit the following websites: 
www.thesba.com

Contacts: 
Newtek Business Services Corp. 
Barry Sloane 
Chairman and CEO 
212-356-9500 
bsloane@thesba.com

Investor Relations 
Contact: Jayne Cavuoto  
Telephone: (212) 273-8179 / jcavuoto@thesba.com

Public Relations 
Contact: Simrita Singh 
Telephone: (212) 356-9566 / ssingh@thesba.com

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SOURCE Newtek Business Services Corp.