Newtek
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  1. #1

    Newtek

    Does anyone have a direct contact with newtek?

  2. #2
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    they don't take any new isos. They are not even the quickest. So, no point in going to them. I can connect you with 25 better lenders.
    Josh Dan
    B2B Funding LLC
    josh@b2bfundingllc.com
    Super Broker
    (347) 794-1592

  3. #3
    Senior Member Reputation points: 22201
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    I know CEO Barry Sloane .....
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  4. #4
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    I know the managing director - Scott Shulman
    Austin Briggs - Asst VP

    Scott Shulman | Managing Director
    Newtek Business Finance Solutions
    Direct: (212) 273-8146
    sshulman@newtekone.com
    www.newtekone.com

    Austin Briggs| Assistant Vice President
    Newtek Small Business Lending
    Office: 212-356-9500 ext. 10579| Direct: (914)-334-6131
    Email: abriggs@newtekone.com| Web: www.newtekone.com

    They are the largest non bank SBA lender in the US. Understand you have flexibliity with deals in the loan committee. I have had them go back and grant me exceptions on files. Secondly a non bank SBA lender will allow you to collateralize personal assets as well as business assets. I did a SBA 7A in Hawaii for $350,000 and we just put a third UCC on his house. $2M SBA 7A on a company that had $10M equipment in Brazil.
    Last edited by Olderguy; 01-17-2023 at 12:48 PM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  5. #5
    Quote Originally Posted by Olderguy View Post
    I know the managing director - Scott Shulman
    Austin Briggs - Asst VP

    Scott Shulman | Managing Director
    Newtek Business Finance Solutions
    Direct: (212) 273-8146
    sshulman@newtekone.com
    www.newtekone.com

    Austin Briggs| Assistant Vice President
    Newtek Small Business Lending
    Office: 212-356-9500 ext. 10579| Direct: (914)-334-6131
    Email: abriggs@newtekone.com| Web: www.newtekone.com

    They are the largest non bank SBA lender in the US. Understand you have flexibliity with deals in the loan committee. I have had them go back and grant me exceptions on files. Secondly a non bank SBA lender will allow you to collateralize personal assets as well as business assets. I did a SBA 7A in Hawaii for $350,000 and we just put a third UCC on his house. $2M SBA 7A on a company that had $10M equipment in Brazil.
    That was extremely helpful.

  6. #6
    Senior Member Reputation points: 3832
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    Quote Originally Posted by Olderguy View Post
    I know the managing director - Scott Shulman
    Austin Briggs - Asst VP

    Scott Shulman | Managing Director
    Newtek Business Finance Solutions
    Direct: (212) 273-8146
    sshulman@newtekone.com
    www.newtekone.com

    Austin Briggs| Assistant Vice President
    Newtek Small Business Lending
    Office: 212-356-9500 ext. 10579| Direct: (914)-334-6131
    Email: abriggs@newtekone.com| Web: www.newtekone.com

    They are the largest non bank SBA lender in the US. Understand you have flexibliity with deals in the loan committee. I have had them go back and grant me exceptions on files. Secondly a non bank SBA lender will allow you to collateralize personal assets as well as business assets. I did a SBA 7A in Hawaii for $350,000 and we just put a third UCC on his house. $2M SBA 7A on a company that had $10M equipment in Brazil.
    FINALLY someone who give the info needed instead of saying they can do it and broker it out.

  7. #7
    Senior Member Reputation points: 81657
    Join Date
    Mar 2014
    Location
    Florida
    Posts
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    Exclamation

    Quote Originally Posted by FunderFunding View Post
    FINALLY someone who give the info needed instead of saying they can do it and broker it out.
    https://www.newtekone.com/partners/


    Once you submit a referral from an interested business, there’s nothing else you need to do. We do all the work.
    "Once you submit a referral from an interested business, there’s nothing else you need to do. We do all the work."
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  8. #8
    Senior Member Reputation points: 68259 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
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    If you try to reach them with no luck, call their toll free line 855.763.9835

    ...there are just reps available that can answer guideline questions.

    That may be you best initial option anyways...

    And yes, if you don't have a file in their portal, they may not return your phone call or email...
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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