Overview
Newtek Small Business Finance, Inc. is our #3 ranked SBA lender.
Newtek Small Business Finance is a leading provider of small business loans and financing solutions. As a participating lender in the Small Business Administration (SBA) 7(a) loan program, Newtek helps small businesses access the capital they need to start or expand their operations.
Founded in 1999, Newtek has a long history of providing financial solutions to small businesses across the United States. The company is committed to helping small businesses grow and succeed, and offers a variety of loan products to meet their unique needs.
One of the key advantages of working with Newtek is the company’s expertise in SBA lending. The SBA 7(a) loan program can be complex, but Newtek has the knowledge and experience to guide businesses through the process and help them access the financing they need.
In addition to its SBA lending capabilities, Newtek also offers a range of other financial products and services. These include business loans, equipment financing, working capital loans, and merchant cash advances. Newtek also provides financial technology solutions, such as electronic payment processing and web-based lending platforms, to help businesses manage their finances and grow their operations.
If you’re a small business owner in need of financing, Newtek Small Business Finance is a great partner to work with. The company’s experienced team and wide range of loan products can help you access the capital you need to take your business to the next level.
Newtek lent money in all states last year.
Newtek small business loans tend to be priced slightly higher than the national average for similar SBA loans:
States where Newtek has done small business SBA loans in the past year :
Newtek’s closed small business loans slumped dramatically in 2020 during Covid, but bounced back in 2021:
Is Newtek an SBA lender?
Yes, Newtek is an SBA lender. In fact, SBA lending is the sole focus on Newtek Small Business Finance. Newtek ranks consistently as a top 10 SBA lender.
