Newtek Business Services Revenue and Competitors

Lake Success, NY USA

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • Newtek Business Services's estimated annual revenue is currently $66.9M per year.(i)
  • Newtek Business Services's estimated revenue per employee is $166,715

Employee Data

  • Newtek Business Services has 401 Employees.(i)
  • Newtek Business Services grew their employee count by 2% last year.

Newtek Business Services's People

NameTitleEmail/Phone
1
Regional VPReveal Email/Phone
2
VPReveal Email/Phone
3
VPReveal Email/Phone
4
VPReveal Email/Phone
5
VPReveal Email/Phone
6
Associate VPReveal Email/Phone
7
VPReveal Email/Phone
8
Sr. VP SalesReveal Email/Phone
9
SVP, Chief Risk OfficerReveal Email/Phone
10
VPReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$6040M286095%$1.5BN/A
#2
$1.3M16-11%N/AN/A
#3
$15.1M1086%N/AN/A
#4
$15.1M108-32%$9MN/A
#5
$17.6M12630%$8.4MN/A
#6
$16.2M116-5%$825KN/A
#7
$152M759-11%$187.4MN/A
#8
$3.7M333%N/AN/A
#9
$84.4M482-11%$472MN/A
#10
$1.6M23-8%$19.7MN/A
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What Is Newtek Business Services?

Newtek Business Services Corp., a business development company, provides financial and business services to the small-and medium-sized business market in the United States and internationally. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, All Other, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides accounts receivable financing and management services. Its electronic payment processing services include credit and debit card processing, check approval, and ancillary processing equipment and software to merchants. The company also provides Website, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The company was founded in 1998 and is headquartered in New York, New York.

keywords:N/A

N/A

Total Funding

401

Number of Employees

$66.9M

Revenue (est)

2%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Newtek Business Services News

2022-04-19 - Newtek Business Services (NEWT) Set to Announce Earnings ...

Newtek Business Services had a net margin of 99.71% and a return on equity of 21.02%. During the same quarter in the previous year, the company...

2022-04-17 - Newtek Business Services (NEWT) – Analysts' Weekly ...

Newtek Business Services (NASDAQ: NEWT) recently received a number of ratings updates from brokerages and research firms:.

2022-04-17 - Newtek Business Services (NASDAQ:NEWT) Downgraded by ...

Newtek Business Services (NASDAQ:NEWT) Downgraded by Zacks Investment Research to Sell. Posted by admin on Apr 26th, 2022.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$194.8M4756%N/A
#2
$163.4M48428%N/A
#3
$175M528N/AN/A
#4
$35M590N/AN/A
#5
$300.1M794-9%N/A