NewtekOne, Inc.

NewtekOne, Inc. is a U.S.-based financial holding company centered on serving independent business owners and small- to medium-sized businesses through its bank and non-bank subsidiaries. Under the Newtek and NewtekOne brands, it combines business lending, payment processing, insurance, payroll and benefits, and related business services into a single operating platform.

— NewtekOne, Inc.
%
Business Lending45% SBA and commercial lending products for independent business owners and SMBs.
Electronic Payment Processing20% Merchant card and payment processing services for business clients.
Insurance Services10% Personal and commercial lines insurance brokerage and related coverage placement.
Payroll and Benefits Solutions10% Payroll administration and employee benefits services for small businesses.
Business Services and Platform15% Newtek Advantage, NewTracker, and related technology-enabled client support tools.

NewtekOne primarily serves independent business owners and SMBs in the United States, especially companies that need...

  • Independent business owners / SMBsprimary

    Core clients that buy multiple lending and operating solutions to manage business finance needs.

  • Borrowers seeking SBA and commercial creditprimary

    Businesses that use SBA 7(a), SBA 504, C&I, CRE, or ABL products for growth and working capital.

  • Merchant services clientssecondary

    Businesses that need electronic payment acceptance and related transaction tools.

  • Payroll and benefits clientssecondary

    Small businesses outsourcing payroll processing and employee benefits administration.

  • Insurance buyerssecondary

    Business owners purchasing personal and commercial lines coverage through the agency platform.

NewtekOne operates primarily in the United States, with business and financial solutions offered nationwide across all...

  • •Nationwide U.S. client base across all industries
  • •Operations centered on the domestic SMB market
  • •Banking and non-bank subsidiaries are U.S.-based
  • •No country-level revenue disclosure provided in excerpts

The company’s strategy is to deepen relationships with independent business owners by cross-selling lending, payments,...

01
Cross-sell a bundled SMB product suitemedium-term

Multiple products per client can increase relationship depth and reduce reliance on any single line of business.

02
Use proprietary technology to support client acquisitionmedium-term

NewTracker and Newtek Advantage help manage leads, service clients, and keep the brand embedded in daily workflows.

03
Grow lending and fee-based business solutionsmedium-term

The model combines credit products with recurring service revenue to serve the SMB market more broadly.

04
Maintain capital and regulatory complianceshort-term

As a financial holding company and bank owner, capital and supervision constrain growth and operating flexibility.

NewtekOne faces the regulatory, credit, and operational risks typical of a bank-centered financial holding company,...

high

Banking and financial holding company regulation

The company is supervised by federal banking regulators and must meet capital and compliance requirements.

Scope
NewtekOne and Newtek Bank
Materiality
high
high

Cybersecurity and data breach risk

The business relies on digital platforms, customer data, and third-party IT services that can be targeted by attacks.

Scope
NewTracker, Newtek Advantage, payment and banking systems
Materiality
high
high

Credit risk in SMB lending

Loan performance depends on small-business cash flow, collateral values, and economic conditions.

Scope
SBA 7(a), SBA 504, C&I, CRE, and ABL loans
Materiality
high
medium

SBA guarantee and servicing obligations

The company retains obligations tied to sold guaranteed portions and servicing/liquidation repairs.

Scope
NSBF wind-down agreement and SBA-related guarantees
Materiality
medium
medium

Third-party and operational dependence

Payments, IT, and other services depend on vendors and service providers, increasing execution risk.

Scope
outsourced technology and service relationships
Materiality
medium
Valuation of loans at fair value
Lending portfolio and investment results
SBA guarantee and servicing contingencies
Accrued liabilities and reserve estimates
Loan sale and servicing accounting
Revenue timing and gain-on-sale results
Credit loss estimates
Allowance and net income

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: 29/04/2026