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About the company
Newtek Business Services Corp. is an internally managed non-diversified closed-end management investment company that acts as a business development company. The Company's investment objective is to generate both current income and capital appreciation through loans originated by its business finance platform and its equity investments in certain portfolio companies that it controls. It owns and controls certain portfolio companies under the Newtek brand that provides a range of business and financial solutions to small and medium-sized businesses (SMB). Its products and services include Business Lending, including the Small Business Administration (SBA), Electronic Payment Processing, Managed Technology Solutions, Data Backup, Technology Consulting, eCommerce, Accounts Receivable and Inventory Financing, personal and commercial Insurance Services, Web Services, Data Backup, Storage and Retrieval, and Payroll and Benefits Solutions to SMB accounts nationwide across all industries.
- Revenue in USD (TTM)145.01m
- Net income in USD59.82m
- LocationNewtek Business Services Corp4800 T Rex Avenue, Suite 120BOCA RATON 33431United StatesUSA
- Phone+1 (212) 356-9500