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06-20-2016, 11:44 AM #1
NewTek?
Hi Everyone,
Does anyone know who NewTek is exactly, are they a Funder or an ISO. Any help will be highly appreciated!
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06-20-2016, 11:46 AM #2
Newtek is a credit card processor. I dont think they offer advances on their own paper but may be partnered with some different funders. Not sure other then that they are a cc processor
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-20-2016, 12:10 PM #3
- Join Date
- May 2016
- Posts
- 7
They do hard money and SBA loans as well, great guys Newtek
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06-20-2016, 12:16 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
i know Newtwek very well..they are the largest NON-banked SBA provider in America! (disclaimer:I am a shareholder) they have a few divisions they have tens of thousands of merchants they process credit cards payments and offer web services when they do an SBA its Newteks capital (insured 80% by the US gov)...
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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06-20-2016, 12:56 PM #5
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06-20-2016, 01:08 PM #6
- Join Date
- May 2015
- Location
- NYC
- Posts
- 197
They advertise heavily on CNBC and Fox News.
Tommy Stein
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06-20-2016, 01:21 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
I have traveled to little-towns-usa and have seen them on many other networks they seems to have a very large across the board TV spend.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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06-20-2016, 02:45 PM #8
NewTek?
We had a credit card processing deal with them back last year, never saw a dime of commission or residuals after 1000 phone calls and emails.
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06-21-2016, 05:25 AM #9
- Join Date
- Jun 2016
- Location
- 30 Broad Street, 28th Floor
- Posts
- 1
Yes, Newtek is a credit card processor 100%
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