NewtekOne, Inc.

https://www.newtekone.com

NewtekOne, Inc. is a financial holding company dedicated to providing state-of-the-art financial and business solutions to small to medium-sized businesses (SMBs) and independent business owners across the United States. Founded in 1998, the company's mission is to help clients enhance revenues, reduce expenses, and mitigate risk. Its corporate headquarters are located in Boca Raton, Florida.

The company offers a comprehensive suite of services under the Newtek brand, including banking through its nationally chartered digital institution, Newtek Bank, N.A. Key offerings encompass various lending solutions such as SBA 7(a) and 504 loans, commercial and industrial loans, and commercial real estate loans. Additionally, NewtekOne provides electronic payment processing, accounts receivable and inventory financing, a range of insurance solutions (commercial, personal, health, employee benefits, and life insurance), payroll and benefits solutions, and technology services like cloud computing, data backup, IT consulting, and web services. These services are delivered with an emphasis on technology-driven solutions and real-time payment capabilities, targeting SMBs in all 50 states.

Led by President, CEO, and founder Barry R. Sloane, NewtekOne reported strong first-quarter 2026 financial results, with earnings per share surpassing expectations. The company has demonstrated significant growth, with total assets reaching approximately $2.9 billion and deposits exceeding $2 billion, nearly doubling year-over-year. NewtekOne transitioned to a financial holding company in January 2023, following the acquisition of National Bank of New York City, now Newtek Bank, N.A. The company continues to focus on leveraging technology for efficient client service and cost management, including a strategic shift towards a remote workforce, and has recently paid off and plans to terminate revolving lines of credit at a subsidiary, with Newtek Bank now originating and funding C&I LA loans with deposits.

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