Company overview
HQ · Lake Success, NY
SBA loansTerm loanLine of credit
NewtekOne (NASDAQ: NEWT) is a business‑solutions platform with a bank subsidiary and a nationwide SBA lending franchise. It offers SBA 7(a) and 504 loans, term loans, equipment financing, and revolving lines of credit backed by AR or inventory, leveraging PLP status for streamlined approvals.
Company focus
- Headquarters
- Lake Success, NY
- Founded
- 1998
- Employees
- 500+
- Specialties
- PLP nationwide SBA lender, NewTracker referral portal, AR/inventory-backed LOC up to $5MM, Term loans up to $15MM, Bank‑owned multi‑product platform
Funding & terms
- Funding from
- $5,000
- Funding up to
- $15,000,000
Third-party reputation
- Reported research
- BBB Accredited A+; mixed customer reviews on BBB; recognized SBA lender with OCC‑confirmed PLP status.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.