Provides lending, banking, and business support services to independent business owners.
10-K for FY2025, filed Mar 10, 2026
Independent business owners access banking, lending, payments, payroll, and insurance through Newtek’s websites and alliance partners; lending staff work directly with borrowers to assemble and underwrite loans.
10-K for FY2025, filed Mar 10, 2026We are a financial holding company owning Newtek Bank - a branchless OCC nationally chartered bank. In 2023, we converted to a financial…View ↗
In 2003, we began instituting and developing our strategy of acquiring clients primarily through a network of alliance-based relationships…View ↗
Established Direct Origination Platform with Extensive Deal Sourcing Infrastructure. We have established a direct loan origination pipeline…View ↗
Yes. It kept 20 cents of every revenue dollar as net income in FY2025, but spent more cash than it brought in: free cash flow was −$579.3M.
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