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NEWT

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Newtek Business Services Corp

11.68
+0.40 (+3.55%)
Last Update: 01 Jul 2025 23:07:00
Yesterday: 11.28
Day's Range: 11.21 - 11.8599
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When Written:
 
12.27
Newtek Business Services Corp is a publicly-traded business development company (BDC) that provides a wide range of financial and business services to small and medium-sized businesses (SMBs) across the United States. The company was founded in 1998 and is headquartered in Lake Success, New York.

Newtek offers a variety of services to SMBs, including:

- Business lending: Newtek provides a range of financing options to SMBs, including SBA loans, term loans, lines of credit, and equipment financing.

- Payroll and HR services: Newtek offers payroll processing, tax filing, and HR management services to SMBs.

- Insurance services: Newtek provides a range of insurance products, including workers' compensation, property and casualty, and health insurance.

- Technology services: Newtek offers a variety of technology services to SMBs, including website design and hosting, e-commerce solutions, and cloud computing services.

- Advisory services: Newtek provides advisory services to SMBs, including business consulting, accounting, and tax preparation.

Newtek is listed on the NASDAQ stock exchange under the ticker symbol "NEWT." As of 2021, the company has a market capitalization of approximately $500 million.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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