NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) Files An 8-K Submission of Matters to a Vote of Security Holders

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NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) Files An 8-K Submission of Matters to a Vote of Security Holders

ITEM 5.07. Submission of Matters to a Vote of Security Holders.

Newtek Business Services Corp. (the Company or the Registrant)
held its Annual Meeting of Shareholders on June 15, 2017 (the
Annual Meeting). The proposals considered at the Annual Meeting
are described in detail in the Registrants definitive proxy
statement for the Annual Meeting as filed with the Securities and
Exchange Commission on April 28, 2017 (the Annual Meeting Proxy).
At the Annual Meeting, the Registrants shareholders approved
Proposals I and II, as described in the Annual Meeting Proxy, and
provided an advisory vote with respect to Proposal III.
>A total of 14,731,956 shares of the Companys common stock
were present or represented by proxy at the meeting. The
tabulation of votes was:
Proposal I: To elect two directors of the Company, to serve on
the Board of Directors until the Companys Annual Meeting of
Shareholders in 2020 and until their successors are duly elected
and qualified:
Director
Votes For
Votes Withheld
Broker
Non-Votes
Richard Salute
6,234,922
157,355
8,339,679
Salvatore Mulia
6,226,855
165,422
8,339,679
Proposal II: To ratify the selection of RSM US LLP as the
Companys independent registered accounting firm (independent
auditors) for the fiscal year ended December 31, 2017
Votes For
Votes Against
Abstentions
Broker Non-Votes
14,423,873
199,702
108,380
Proposal III: An advisory vote on the compensation of the
Companys named executive officers:
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,013,619
212,951
165,706
8,339,679


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.

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