# NewtekOne (NASDAQ: NEWT)

> NewtekOne is a publicly traded U.S. financial holding company serving independent business owners through business lending, digital banking, payments, payroll and insurance. Its 2023 acquisition of National Bank of New York City added deposit funding to a long-established lending and referral operation. Newtek Advantage brings financial information and services into one portal; technology services are delivered through partner IPM following the 2025 sale of its technology subsidiary.

- **Founded:** 1998
- **Headquarters:** Boca Raton, United States
- **Founders:** Barry Sloane (Founder, Chairman, President and CEO)
- **Products:** Newtek Bank, N.A., Business lending, Newtek Seven Day Business Loan, Newtek Advantage, Newtek Payments and POS
- **Notable:** Publicly traded since 2000., Acquired National Bank of New York City for $20 million in cash on January 6, 2023 and converted to a financial holding company., January 2026 ALP financing was its 17th rated securitization and largest to that date, according to the company.

## Products & services

- **Newtek Bank, N.A.** — Digital business checking and savings, consumer savings and certificates of deposit; national bank subsidiary acquired in January 2023.
- **Business lending** — SBA 7(a), SBA 504, commercial real estate, commercial and industrial lending, longer-amortizing loans and lines of credit. Terms and eligibility vary by program.
- **Newtek Seven Day Business Loan** — Launched March 10, 2026: secured business loans up to $350,000, funded to approved borrowers within seven days of a complete application, with ten-year repayment and no balloon payment.
- **Newtek Advantage** — Online portal for banking information, payments activity, business analytics, document storage, payroll access and connections to specialists. Registration is offered at no cost.
- **Newtek Payments and POS** — Card and ACH acceptance, mobile and ecommerce payments, POS systems, transaction reporting and accounting integrations.
- **Newtek Payroll** — Payroll processing, tax filing, W-2 distribution, time and labor management, HR services and same-day payroll capability.
- **Newtek Insurance Agency** — Commercial and personal insurance, life insurance and employee benefits; automated lender-compliant insurance quotes integrated into the loan system in June 2026.
- **Partner-delivered technology services** — Cloud, cybersecurity, hosting, business software and IT services delivered through Intelligent Protection Management Corp.; the former technology subsidiary was sold January 2, 2025.
- **NewTracker** — Proprietary, patented referral and loan processing system giving partners visibility from application through closing.

## Achievements

- Publicly traded since 2000.
- Acquired National Bank of New York City for $20 million in cash on January 6, 2023 and converted to a financial holding company.
- January 2026 ALP financing was its 17th rated securitization and largest to that date, according to the company.
- Reported $208 million of SBA 7(a) originations in Q2 2026.
- Reported roughly 54% of bank business lending clients had opened a business deposit account since the 2023 acquisition, as of Q2 2026.

## Latest updates

- **2026-10** — October 19: launched Zelle for eligible small-business banking clients. Third-quarter results were scheduled for October 28 and had not been released as of October 21.
- **2026-09** — September 28: expanded accounting connectivity beyond QuickBooks to Sage, Xero, FreshBooks, Restaurant365 and other applications.
- **2026-08** — August 28: reset expected 2026 EPS to $1.70-$1.80 and 2027 EPS to $2.00-$2.20 while shifting toward recurring net interest income; these are guidance, not achieved results.
- **2026-06** — June 23: integrated automated insurance quotes into the loan origination system; June 3: announced Payroc alliance.
- **2026-03** — March 10: launched Seven Day Business Loan for approved borrowers with complete applications.

## Links

- Website: https://www.newtekone.com/
- LinkedIn: https://www.linkedin.com/company/newtekone/
- Twitter/X: https://twitter.com/Newtek_One
- Facebook: https://facebook.com/newtekone/

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Last updated: 2026-10-21