[Lendini]

Hi Everyone,

Does anyone know who NewTek is exactly, are they a Funder or an ISO. Any help will be highly appreciated!

[J.Celifarco]

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

[VitalfundingSolutions]

They do hard money and SBA loans as well, great guys Newtek

[mcaguru]

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)...

[Lendini]

Thanks everyone!

[TStein]

They advertise heavily on CNBC and Fox News.

[mcaguru]

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.

[1StopFunding]

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.

[MichealHerrera]

Yes, Newtek is a credit card processor 100%