Newtek Business Services Inc.(NEWT)

Description: Newtek Business Services, Inc., doing business as The Small Business Authority, provides financial and business services to the small- and medium-sized business market in the United States. It offers electronic payment processing services, which include marketing of credit and debit card processing services, check approval services, and ancillary processing equipment and software to merchants who accept credit cards, debit cards, checks, and other non-cash forms of payment. The company also provides ecommerce services, such as payment processing, online shopping cart tools, Website design, Web hosting, and Web related services; and managed technology solutions comprising shared and dedicated Web hosting, data storage and backup services, cloud computing plans, and related services. In addition, it originates small business administration loans, and offers accounts receivable financing and other lending products to small businesses for the purpose of acquiring commercial real estate, machinery, equipment, and inventory; and to refinance debt and fund franchises, and working capital and business acquisitions, as well as provides off-site data backup, storage, and retrieval services. Further, the company offers Newtek Advantage, a mobile real-time operating platform that enables a business to access data on a smartphone, tablet, laptop, or PC for ecommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans applications; personal, commercial, and health/benefits lines insurance products; accounts receivable financing, billing, and accounts receivable maintenance services; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, E-Insure, Credit Union National Association, Pershing, and others to provide agent services to small business clients. Newtek Business Services, Inc. was founded in 1998 and is headquartered in New York, New York.

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Keywords: Machinery Cloud Computing Payment Systems Technology Solutions E Commerce Credit Card Online Shopping Debit Card Laptop Accounts Receivable Factoring Business Loans E-Commerce Payment Processing Web Hosting Asset Accounting Lending Products E Commerce Payment System Card Processing Backup Software Ecommerce Payment Processing Service Debits And Credits Agent Services Debit Card Processing Pershing Electronic Payment Processing American International Group Card Processing Services Backup Services Ecommerce Services Electronic Payment Processing Services Financial And Business Services Debit Card Processing Services Ancillary Processing Equipment Check Approval Services Online Shopping Cart Tools Other Lending Retrieval Services Web Related Services

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Home Page: www.newtekone.com

NEWT Technical Analysis

4800 T-Rex Avenue
Boca Raton, FL 33431-4479
United States
Phone: 212 356 9500

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Officers

Exchange: NASDAQ

Country: US : United States of America

Currency: US Dollar ($)