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Press Releases


 
Press Releases
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Jan 30, 2017
NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) announced today that it has closed an underwritten offering of 2,587,500 shares of common stock ("Shares") at a public offering price of $15.25 per Share.  The 2,587,500 Shares includes the underwriters' exercise of their option to purchase an additional 337,...
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Jan 25, 2017
NEW YORK, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) ("Newtek") announced today that it has priced an underwritten offering of 2,250,000 shares of common stock at a public offering price of $15.25, raising expected total gross proceeds of approximately $34.3 million. Keefe, Bruyette & Woods, A Stifel Company, R...
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Jan 24, 2017
NEW YORK, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) ("Newtek") announced today that it plans to make a public offering of 1,500,000 shares of its common stock. Newtek also plans to grant the underwriters an option to purchase up to an additional 225,000 shares of common stock. The offering of the shares will b...
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Jan 17, 2017
NEW YORK, Jan. 17, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (the "Company" or "Newtek") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its subsidiary Newtek Small Business Finance, LLC ("NSBF") signed a letter of intent to increase its existing revolving credit facility through Capi...
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Dec 5, 2016
NEW YORK, Dec. 05, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (the "Company" or "Newtek") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Newtek's electronic payment and eCommerce solutions portfolio companies  processed  $4.7 million in sales for its eCommerce merchants on Black Frida...
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Nov 22, 2016
NEW YORK, Nov. 22, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("Newtek" or the "Company"), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Newtek's CEO and President, Barry Sloane, has been invited to present at the 9th Annual LD Micro Main Event at the Luxe Sunset Bel Air Hotel in Los ...
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Nov 21, 2016
NEW YORK, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (the "Company" or "Newtek") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its board of directors approved a repurchase program (the "Program") under which the Company may repurchase up to 10%, or $832,400 in aggregate prin...
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Nov 21, 2016
NEW YORK, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (the "Company" or "Newtek") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its board of directors approved a repurchase program (the "Program") under which the Company may repurchase up to 200,000 shares (the "Shares") of i...
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Nov 16, 2016
NEW YORK, Nov. 16, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("Newtek" or the "Company"), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its board of directors declared a fourth quarter cash dividend(1) of $0.40 per share, payable on December 30, 2016 to shareholders of record as of D...
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Nov 15, 2016
NEW YORK, Nov. 15, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("Newtek") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it has completed its seventh and largest small business loan securitization.  The securitization resulted in the issuance and sale of $43,632,000 of Class A Notes and...
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