About Business Lending

Profile

Newtek is a non-bank lender specializing in commercial loans to small to mid-size businesses. We offer loans for the purchase of commercial real estate, machinery and equipment and inventory. We can also provide loans to refinance debt, fund working capital or to make a business acquisition.

Our credit underwriters will review your application and make a decision based on the information you submit with the loan application. Our underwriters value the five "C's" of credit in evaluating your loan application:

Character addresses the integrity, management ability and credit history of the owners
Capital refers to the asset quality, working capital, liquidity and debt structure of the company, or the initial capital injection for a startup business
Capacity refers to the historic or projected ability of the business to repay the loan from earnings
Collateral addresses the quantity and quality of the assets securing the loan
Conditions refer to the loan purpose, amount and structure of the proposed debt

Some of the industries we specialize in are:

Physicians
Automobile dealers
Veterinarians
Dentists
Daycare centers
Restaurants
Franchises
Chiropractors

Loan Programs

SBA 7(a) Loans

Newtek is a nationwide Preferred Lender, utilizing the SBA's 7(a) loan program to the fullest extent allowed by the regulations.

SBA 504 Loans

We provide SBA 504 loans in conjunction with Certified Development Companies throughout the United States for the acquisition of owner-occupied commercial real estate or machinery & equipment.

Conventional Real Estate Loans

We provide conventional financing for the acquisition, refinance or cash-out/refinance of investor owned and owner occupied commercial real estate properties throughout the United States.

Loan Portfolio Servicing

We offer the ability to sell business loan portfolios or outsource the servicing of your business portfolio. We offer comprehensive, end-to-end technology and services that ensure responsive and cost-effective solutions that are backed by the power, resources and experience of Newtek.

Accounts Receivable Financing

We provide working capital to help your business meet its every day cash flow needs by leveraging new and existing accounts.

Business Lines of Credit

We provide unsecured business lines of credit that are fast, flexible, affordable and accessible.

Business Credit Card

We provide unsecured business credit cards with money management tools, insurance coverage and a rewards program.