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NEWT - Newtek Business Services Corp. ()

Overview

Company Summary


Newtek Business Services Corp., known as NEWT, is a company that provides a range of business services to small and medium-sized businesses (SMBs) in the United States.

NEWT offers a comprehensive suite of services designed to meet the diverse needs of SMBs. One of their major offerings is merchant solutions, which includes payment processing services such as credit card processing, e-commerce solutions, and point-of-sale systems. They also provide electronic payment acceptance solutions, enabling businesses to accept payments through various methods, including mobile devices and online platforms.

In addition to merchant solutions, NEWT offers a wide range of financial services to SMBs. This includes lending and financing services, such as secured and unsecured loans, commercial real estate loans, and working capital lines of credit. They also provide accounts receivable financing and payroll processing services, assisting businesses with managing their cash flow.

Furthermore, NEWT offers web hosting and website development services to help SMBs establish and maintain a strong online presence. They provide domain registration, website design and development, e-commerce solutions, and website hosting services. These offerings enable businesses to enhance their visibility, reach their target audience, and drive growth through the digital landscape.

NEWT also operates a business insurance division that offers a range of insurance products specifically tailored for SMBs. This includes general liability insurance, property insurance, workers' compensation insurance, and professional liability insurance. By providing comprehensive insurance coverage, they help mitigate risks and protect businesses from potential financial liabilities.

Overall, Newtek Business Services Corp. serves as a one-stop solution provider, offering essential business services to help SMBs streamline their operations, enhance efficiency, and drive growth. They aim to support the unique needs of smaller businesses and empower them to thrive in a competitive marketplace.

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