The PPP loans will be made though the Newtek Business Services Corp. and UBS Bank.
Newtek Small Business Finance (NSBF) expects to fund up to $250 million in Paycheck Protection Program loans this week, which is expected to cover the payroll of an estimated 20,000 employees. The co
Newtek Business Services (NASDAQ:NEWT) estimates its small business finance unit will fund $200M-$250M of Paycheck Protection Program loans for the week ending April 17.It further estimates that its P
Newtek Business Services says NSBF helps businesses retain 20K employees NEWT
BOCA RATON, Fla., April 13, 2020 -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek.
BidaskClub upgraded shares of NEWTEK Business Services (NASDAQ:NEWT) from a strong sell rating to a sell rating in a report published on Thursday morning, BidAskClub reports. Several other equities re
Monroe Capital reports profits on their loans even after the borrower declares bankruptcy.  The company has highly unconventional ideas about when impairments should be taken. Market cap $141M, bor�
BOCA RATON, Fla., April 10, 2020 -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek.
BOCA RATON, Fla., April 10, 2020 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company...
The Securities and Exchange Commission is providing business development companies additional flexibility, on a temporary basis, to issue and sell senior securities in order to provide capital to sm
Credit Suisse AG grew its holdings in shares of NEWTEK Business Services Corp (NASDAQ:NEWT) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and E
To help small businesses that have been impacted by the COVID-19 pandemic, UBS announced today that it has created a new initiative to expand its current referral lending network to enable clients to
(Bloomberg) -- UBS Group AG allocated $2 billion for loans through the Paycheck Protection Program to help U.S. small businesses navigate the economic shutdown caused by the coronavirus pandemic.The S
ST. LOUIS, April 08, 2020 -- Stifel Financial Corp. (NYSE: SF) today announced that it is participating in the federal government’s new Paycheck Protection Program (PPP),.
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