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0 -0.00107200753019929 0.00141191235684774 0.00533389112586936 0.0105631961512315 0.0968467290697067 0.275950426188359 0.332165455211003
Stock impact report

Newtek Business' government loan program referrals jump [Seeking Alpha]

NewtekOne, Inc. (NEWT) 
Last newtekone, inc. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.newtekbusinessservices.com
Company Research Source: Seeking Alpha
Financials Newtek Business' government loan program referrals jump Mar. 18, 2020 1:19 PM ET | Newtek Business Services Corp. (NEWT) Liz Kiesche Newtek Business Services ( -31.2% have increased Also, inbound call volume has increased by several multiples per day. "We currently have the capacity to fund government-guaranteed loans to assist with the recovery of the small business community and the U.S. economy," Sloane said. "We plan on working closely with the Small Business Administration to point people in the right direction for disaster recovery." However, "our portfolio company (Newtek Merchant Solutions and Mobil Money) payment processing volume has been down approximately 10% since the beginning of the month, and we do expect further temporary deterioration in this business." Newtek has successfully tested and enacted its business continuity plan without any impact to its business operations. "Newtek and its portfolio companies are fully operational and servicing its borrowers Show less Read more
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