Newtek Bus Servs

NEWTZ NASDAQ
27.00
+0.21
+0.79%
Closed 16:00 07/19 EDT
Open
27.15
Prev Close
26.79
High
27.15
Low
26.67
Volume
1.45K
Avg Vol (3M)
1.15K
52 Week High
28.00
52 Week Low
25.20
% Turnover
0.01%
Market Cap
516.11M
1D
5D
1M
3M
1Y
5Y

Company Profile

Newtek Business Services Corp. is an internally managed non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation primarily through loans originated by its small business finance platform and its equity investments in certain portfolio companies that it controls. The Company is a national non-bank lender that provides, together with its controlled portfolio companies, a range of business services and financial products under the Newtek brand to the small and medium-sized business (SMB) market. The Company issues debt and makes equity investments in portfolio companies in various industries. Its products and services include Business Lending including the United States Small Business Administration (SBA) 7(a) and 504 lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), Data Backup, and Payroll and Benefits Solutions to SMB accounts across all industries.
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