Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Newtek Business Services is top non-bank SBA lender
NEW YORK (11/9/11)--The U.S. Small Business Administration (SBA) has announced that Newtek Business Services, Inc., The Small Business Authority, has been named as the top non-bank SBA 7(a) program lender for the fiscal year ended Sept. 30, 2011.

Newtek in a release said it has been authorized to fund $130 million in SBA guaranteed small business loans for 2011. This is a dramatic increase from the $75 million in gross loan approvals made in 2010.

Newtek CEO Barry Sloane said his firm provides receivable finance lines of credit to many independent business owners across the United States that are looking to grow their business, and added that Newtek would continue to work with independent business owners and finance their businesses in 2012.

Newtek is a CUNA Strategic Services Provider.
Other Resources

RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
13 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
17 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
18 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
18 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
18 hours ago