Press Releases


Press Releases

Date Title and Summary Additional Formats
Toggle Summary NewtekOne Raises $20 Million in Sale of Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P.
BOCA RATON, Fla., Feb. 07, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc.  (NASDAQ: NEWT) (the “Company”) announced that it has sold $20 million of the Company’s 8% Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P. Barry Sloane, Chairman, President and Chief Executive Officer
View HTML
Toggle Summary NewtekOne Raises $50M in Private Note Offering
BOCA RATON, Fla. , Jan. 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) (the “Company”), announced that on January 23, 2023 , the Company completed an exempt private offering of $50.0 million aggregate principal amount of its 8.125% notes due 2025 (the “Notes”).
View HTML
Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, January 18, 2023 at 8:30 am ET to Discuss the Company’s NewtekOne® Rebranding Strategy and the Relaunch and Redesign of the Corporate Website
Will Provide Demonstration of the Newtek Advantage™ BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), today announced that Barry Sloane , Chief Executive Officer, will host a conference call on Wednesday, January 18, 2023 at 8:30 am ET , to
View HTML
Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Tuesday, January 17, 2023 at 8:30 am ET
Will Release Financial and Operational Projections and Targets to the Investor and Analyst Community for 2023 and 2024 BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), today announced that Barry Sloane , Chief Executive Officer, will hold a
View HTML
Toggle Summary Newtek Business Services Corp. Completes Acquisition of National Bank of New York City
Newtek Business Services Corp. Becomes a Financial Holding Company BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) announced that on January 6, 2023 , it completed its acquisition of the National Bank of New York City (“NBNYC”), a
View HTML
Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, December 14, 2022 at 8:30 am ET
Will Provide Update on the Financial Illustration of the Bank Holding Company and the Bank on a Go-Forward Basis Subsequent to the Acquisition of the National Bank of New York City BOCA RATON, Fla. , Dec. 12, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), an internally
View HTML
Toggle Summary Newtek Secures Approximately $300 Million in Debt Financing to Further its Growth and Objectives for 2023
BOCA RATON, Fla. , Dec. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) today announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP , has closed a $150 million leverage facility from a well-known investment bank to be used to fund the
View HTML
Toggle Summary Newtek Receives Approval From the OCC to Acquire National Bank of New York City
Newtek Recently Received Federal Reserve Approval to Become a Bank Holding Company BOCA RATON, Fla. , Dec. 01, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received conditional approval from Office of the Comptroller of the Currency
View HTML
Toggle Summary Newtek Receives Approval from the Federal Reserve to Become a Bank Holding Company
BOCA RATON, Fla. , Nov. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring the National Bank of New York City
View HTML
Toggle Summary Newtek Business Services Corp. Declares a Fourth Quarter 2022 Distribution of $0.70 per Share
BOCA RATON, Fla. , Nov. 17, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. , (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a fourth quarter 2022 cash distribution of $0.70 per share 1 , payable on December
View HTML





Top