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0.00777873811581675 0.00691443388072602 0.00864304235090749 0.00864304235090749 -0.0025929127052722 -0.0164217804667242 -0.0198789974070873 -0.0194468452895419
Stock impact report

Newtek Merchant Solutions Obtains Term Facility and Line of Credit from Goldman Sachs Alternatives

Newtek Business Services Corp. (NEWT) 
Last newtek business services corp. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.newtekbusinessservices.com
Company Research Source: GlobeNewswire
BOCA RATON, Fla., Sept. 30, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has refinanced its term debt facility and revolving line of credit. Private Credit at Goldman Sachs Alternatives is providing NMS with a $90 million term loan facility and a $5 million line of credit. A portion of the proceeds funded the full repayment of NMS’s approximately $30 million of outstanding term debt with another lender. In addition, a $10 million undrawn line of credit with that lender was eliminated. Barry Sloane, NewtekOne’s Chairman, President, and Chief Executive Officer, commented, “We greatly appreciate Goldman Sachs Alternatives for being a great, long-term financing partner. Several years ago, Goldman Sachs Alternatives was the primary debt provider to NMS and has now come full circle to once again support NMS and NewtekOne’s unique, technology-enabled operating model. T Show less Read more
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