NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) Files An 8-K Results of Operations and Financial ConditionItem 7.01. Results of Operations and Financial Condition.
On November 29, 2017, the Company issued a press release entitled “Newtek Prices its 8th and Largest S&P-Rated Small Business Loan Securitization; Forecasts Originating Between $465 Million and $485 Million in SBA 7(a) Loans in 2018” (the “Press Release”). A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this report shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement to the Securities Act of 1933, as amended.
Item 7.01.Creation of a Direct Financial Obligation or an Obligation under an Off-
Balance Sheet Arrangement of a Registrant.
The information contained in Item 7.01 of this Current Report on Form 8-K is incorporated by reference herein.
Item 7.01 RegulationFD Disclosure.
The information contained in Item 7.01 of this Current Report on Form 8-K is incorporated by reference herein.
Item 7.01. Financial Statements and Exhibits.
(d) Exhibits.
Newtek Business Services Corp. ExhibitEX-99.1 2 a2017-1securitizationpress.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Newtek Prices its 8th and Largest S&P-Rated Small Business Loan Securitization Forecasts Originating Between $465 Million and $485 Million in SBA 7(a) Loans in 2018 Lake Success,…To view the full exhibit click here
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.