Press Releases


Press Releases

Date Title and Summary Additional Formats
Toggle Summary Newtek Small Business Finance, LLC Increases Capital One Revolving Credit Facility to $150.0 Million
LAKE SUCCESS, N.Y. , June 24, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”), (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced that Newtek Small Business Finance, LLC (“NSBF”), the Company’s nationally licensed SBA
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Toggle Summary Newtek Business Services Corp. Announces Extension of Stock Repurchase Program
LAKE SUCCESS, N.Y. , June 21, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp . (the “Company” or “Newtek”) (Nasdaq: NEWT) today announced that its board of directors approved extending its current repurchase program (the “Program”) under which the Company may repurchase up to 300,000 shares
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Toggle Summary Newtek Business Services Corp. to Host Analyst and Investor Day
LAKE SUCCESS, N.Y. , June 17, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”) (NASDAQ: NEWT), an internally managed business development company ("BDC"), today announced that it will host an Analyst and Investor Day at its Lake Success, NY office on Monday, June
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Toggle Summary Newtek Business Services Corp. Raises 2019 Annual Dividend Forecast to $1.90 per Share
Represents a 5.6% Increase over the Company’s 2018 Annual Dividend Payment of $1.80 per Share LAKE SUCCESS, N.Y. , June 04, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”) (NASDAQ: NEWT), an internally managed business development company ("BDC"), today announced
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Toggle Summary Newtek Small Business Lending Hires James DeSantis as Director of Credit Operations
LAKE SUCCESS, N.Y. , May 29, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its portfolio company Newtek Small Business Lending has recruited and hired Mr.
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Toggle Summary Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings
S&P Affirms Ranking of Newtek Small Business Finance, LLC LAKE SUCCESS, N.Y. , May 22, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced that S&P Global Ratings (“S&P”)
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Toggle Summary Newtek Business Services Corp. Launches Origination Platform for Non-Conforming C&I Term Loans
LAKE SUCCESS, N.Y. , May 20, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced the launch of Newtek Conventional Lending, a new platform to provide non-conforming
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Toggle Summary Newtek Business Services Corp. Declares Second Quarter 2019 Dividend of $0.46 per Share; an Increase of 9.5% Over the Second Quarter 2018 Dividend
Reiterates 2019 Annual Dividend Forecast in a Range of $1.85 per Share to $1.86 per Share LAKE SUCCESS, N.Y. , May 01, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp . (“Newtek”) (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced that its Board of
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Toggle Summary Newtek Business Services Corp. Reports First Quarter 2019 Financial Results
LAKE SUCCESS, N.Y. , May 01, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), announced today its financial and operating results for the three months ended March 31 , 2019.   First
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Toggle Summary Newtek Business Services Corp. Hires Brent Ciurlino as Senior Vice President, Risk and Operations
LAKE SUCCESS, N.Y. , April 30, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. , (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that it has recruited and hired Mr. Brent Ciurlino as Senior Vice President, Risk and Operations. Mr.
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