NewtekOne, Inc.

NewtekOne, Inc. is a bank holding company headquartered in Boca Raton, Florida, that operates Newtek Bank, National Association. The company serves the small- and medium-sized business market through a diversified set of financial and business solutions delivered under the Newtek and NewtekOne brands. Its core banking operations include acceptance of various deposit products—demand, savings, NOW, money market, and time deposits—and origination of loans including SBA-guaranteed loans, commercial and industrial loans, and commercial real estate loans.

Beyond traditional banking, NewtekOne generates revenue from electronic payment processing services, which encompass credit and debit card processing, check approval services, processing equipment, and cloud-based point-of-sale systems for restaurants, retail establishments, assisted living facilities, taxi services, parks, and golf courses. The company also operates a wholesale brokerage insurance agency and provides payroll management, related payment and tax reporting services, and inbound and outbound calling services to independent business owners.

The company was incorporated in Maryland and changed its name from Newtek Business Services Corp. to NewtekOne, Inc. in January 2023. It maintains a listing on the Nasdaq exchange and has operated since its founding in 1998.