Newtek Business Services Corp.: insider trades · United States · SEC (Form 4)

About Newtek Business Services Corp.

Newtek Business Services Corp., now part of the broader NewtekOne platform, is a U.S.-listed financial services company trading on the NASDAQ in the United States. For international investors, it should be viewed less as a pure lender and more as an integrated business-solutions platform focused on small and medium-sized businesses (SMBs). The company was founded in 1998 and has been publicly traded since 2000. Over time, it evolved from a business development company (BDC) model into a broader financial-holding-company structure after the January 2023 acquisition of National Bank of New York City, which added a banking layer to the group’s operating model. ([newtekone.com](https://www.newtekone.com/about/?utm_source=openai)) Newtek’s core franchise centers on serving U.S. SMBs with a bundled set of financial and operating solutions. Its principal business lines include SBA 7(a) lending and other business financing products, payments and merchant processing, banking services, insurance, payroll and benefits, and technology/web/e-commerce solutions. The company also emphasizes proprietary digital tools such as NewTracker and the Newtek Advantage platform, which are designed to combine multiple services into a single customer experience. That integrated offering is a key differentiator versus standalone lenders, regional banks, and point-solution fintech providers. ([newtekone.com](https://www.newtekone.com/?utm_source=openai)) Geographically, Newtek markets itself as a nationwide provider across all 50 U.S. states. Its service centers are located in the United States, and the company highlights around-the-clock support, reinforcing its positioning as a full-service partner for business owners rather than a single-product financial institution. The company’s headquarters are in Lake Success, New York, placing it in one of the major financial and commercial hubs in the northeastern United States. ([newtekone.com](https://www.newtekone.com/about/?utm_source=openai)) From a competitive standpoint, Newtek’s model is built around cross-selling: the same SMB client can be offered lending, banking, payments, insurance, payroll, and technology services. This creates the potential for deeper client relationships and higher lifetime value, but it also means the investment case is tied to credit performance, funding costs, execution risk, and a highly competitive landscape that includes banks, payment processors, and fintech platforms. Newtek has also communicated a significant customer footprint and a large cumulative volume of loans approved, although investors should focus on the business model rather than rely solely on marketing metrics. ([newtekone.com](https://www.newtekone.com/?utm_source=openai)) Recent developments include the expansion of its non-SBA alternative lending program, a stronger emphasis on deposits and banking capabilities after the 2023 bank acquisition, and continued promotion of business checking and long-duration lending products. Taken together, these moves suggest that Newtek is steadily transforming into a more comprehensive SMB financial platform with multiple revenue streams, rather than remaining a narrow specialty finance name. ([newtekone.com](https://www.newtekone.com/blog/sba-titan-newtekone-expands-its-alternative-loan-portfolio/?utm_source=openai))