News

When the deal closes, NALP Asset Backed Securities will deposit $32.1 million in the prefunding account to purchase ...
NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced the termination of three office space leases covering roughly 52,000 square feet, which will reduce the Company’s annual expenses by ...
In a report released today, Tim Switzer from KBW maintained a Hold rating on Newtek Business (NEWT – Research Report), with a price target of ...
NewTek’s hermetically-sealed, spring-loaded LVDTs are used in test stands to measure the tolerance at multiple points of a car part. After a component exits the casting or machining area of a ...
NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) is pleased to provide the following preliminary loan and deposit metrics for its first quarter ending March 31, 2025: SBA 7(a) loans. In 1Q25, the ...
An earlier video production and editing system for Windows from NewTek, Inc., San Antonio, TX. Video Toaster (VT) was introduced in 1990 for Commodore's Amiga computer. Revolutionary at the time ...
Mr. Sloane continued, “Just over two years ago, in January 2023, we acquired what is now known as Newtek Bank, and we have transformed this single-branch, nationally chartered bank with ...
SBA 7(a) loans held for investment ("HFI") within Newtek Bank, N.A. ("Newtek Bank") stood at roughly $407 million as of March 31, up 7% from December 31, 2024 and 90% from March 31, 2024.