As part of the annual governance review by the Newtek Business Services Corp. (the “Company”) board of directors (the “Board”) in 2017, management will discuss with the Board the restrictions in the Company’s Amended and Restated Articles of Incorporation on the ability of stockholders to amend the Company’s Bylaws. This review is in response to updated voting guidelines issued by a proxy advisory firm. Revised guidance by the proxy advisory firm issued in April 2017 clarified that the guidelines apply to business development companies like the Company.

The information disclosed under this Item 8.01 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

About NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT)

Newtek Business Services Corp. is a non-diversified closed-end management investment company. The Company is engaged in non-bank lending providing a range of business services and financial products under the Newtek brand to the small- and medium-sized business (SMB) market. Its products and services consist of Business Lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), e-commerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage, personal and commercial Insurance Services, Web Services, Data Backup, Storage and Retrieval, and Payroll Solutions. The Company offers services along with its controlled portfolio companies. The Company’s portfolio consists of guaranteed and unguaranteed non-affiliate loan investments that are through its small business finance platform.

NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) Recent Trading Information

NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) closed its last trading session down -0.10 at 16.97 with 134,716 shares trading hands.