Press Releases


Press Releases

Date Title and Summary Additional Formats
Toggle Summary Newtek Business Credit Extends Wells Fargo Line
NEW YORK, Oct 21, 2008 (GlobeNewswire via COMTEX News Network) -- Newtek Business Services, Inc. (Nasdaq:NEWT) ( www.newtekbusinessservices.com ), a provider of business services and financial products to the small- and medium-sized business market, today announced that CDS Business Services, Inc.
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Toggle Summary Newtek Business Credit Acquires the Talent of Tony Zara
LAKE SUCCESS, N.Y. , Oct. 30, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("The Company") (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Newtek Business Credit ("NBC"), a Newtek controlled portfolio company, appointed Mr.
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Toggle Summary Newtek Bank, N.A. Increases Client Deposits by 121% Since December 31, 2022
BOCA RATON, Fla., May 01, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its subsidiary Newtek Bank N.A. had an 121% increase in its client deposits to approximately $310 million year to date through April 28, 2023, compared to $140 million in client
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Toggle Summary Newtek Bank, N.A. Hires Mr. Burt Chandler as Director of Operations
BOCA RATON, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that Newtek Bank, N.A. has recruited Mr. Burt Chandler as Director of Operations, effective today. Mr. Chandler comes to Newtek Bank with over 35 years of banking experience across all
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Toggle Summary Newtek Bank, N.A. Hires Chief Operating Officer of Digital Banking Operations
BOCA RATON, Fla., Nov. 28, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations, effective November 27, 2023. Ms.
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Toggle Summary Newtek Bank N.A., Receives SBA Preferred Lenders Program (PLP) Status
BOCA RATON, Fla., April 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its wholly owned bank subsidiary, Newtek Bank N.A., was granted Preferred Lenders Program (“PLP”) status by the Small Business Administration’s (“SBA”).
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Toggle Summary Newtek Approves Over $1.0 Billion in SBA 7(a) Loans
Newtek Helps Create and Preserve Jobs Through Lending Platform
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Toggle Summary Newtek Announces the Signing of a Letter of Intent for New $75.0 Million SBA 504 Credit Facility with Capital One
LAKE SUCCESS, N.Y. , March 29, 2018 (GLOBE NEWSWIRE) -- Newtek Business Services Corp . (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced the execution of a letter of intent for a proposed $75.0 million senior secured revolving
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Toggle Summary Newtek Announces Shareholder Approval of Conversion to Business Development Company ("BDC") and Reverse Stock Split
Multiple Special Meeting Proposals Approved By Over 90% of Voting Shareholders
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Toggle Summary Newtek Announces Closing of AA Rated Securitization of SBA Small Business Loans
NEW YORK , Dec. 27, 2010 (GLOBE NEWSWIRE) -- Newtek Business Services, Inc. (Nasdaq:NEWT), The Small Business Authority , has announced that it has closed on the sale of approximately $23 million of non-guaranteed portions of SBA small business loans into a securitization trust.
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