The Hartford Offers Small Business Owners Access To Business Services From Newtek
Business Wire - Tue Apr 15, 9:05AM CDT
The Hartford, a leading group benefits provider, now offers small business owners easy access to a broad array of business services from Newtek Business Services, Inc., in order to help them manage and grow their companies.
Newtek Business Services Partners With Teachers Federal Credit Union (TFCU) to Serve Long Island's Businesses
PR Newswire - Thu Apr 03, 8:16AM CDT
Newtek Business Services, Inc., NASDAQ: NEWT, The Small Business Authority® has partnered with Teachers Federal Credit Union (TFCU), one of the largest and most prominent Credit Unions in the United States with 26 branches, 234,000 Members and $4.9 billion in assets, to provide its Members who own and operate businesses the essential tools they need to compete effectively in today's marketplace.
Newtek Reports Cloud Computing Not Utilized By Majority Of Small Business Owners
PR Newswire - Wed Apr 02, 8:00AM CDT
Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,300 respondents, the key finding from the March survey is that 60% of business owners do not currently use cloud computing.
Modest Growth Trend Continues In Small Business Economy
PR Newswire - Tue Apr 01, 10:35AM CDT
Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for February 2014 reaching 125.60 points. The Russell Microcap Index, new business formations and approved SBA lending volumes led the increase. The SB Authority Index is up 0.42% from January 2014. On a year-over-year comparison, the SB Authority Index is up 7.29%.
Newtek Surpasses 500,000 Client Referrals Through NewTracker®
PR Newswire - Mon Mar 31, 12:00PM CDT
Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority®, today announced that it has surpassed 500,000 client referrals through its state-of-the-art proprietary web-based technology, NewTracker®, since the in-house development of this technology platform began in 2003 and became fully operational in 2006.
Newtek Reports 33% Increase in 2013 Net Income Attributable to Newtek Business Services, Inc. to $7.5 Million
PR Newswire - Mon Mar 31, 8:00AM CDT
Newtek Business Services, Inc. (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, a provider of business services and financial products to the small- and medium-sized business market, reported today its financial results for the year ended December 31, 2013.
Newtek Debuts Its "Meet or Beat" Merchant Processing TV Commercial
PR Newswire - Wed Mar 19, 8:30AM CDT
Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority®, today announced the debut of its first television advertisement for its merchant processor, Newtek Merchant Solutions, one of the larger credit card processing providers in the country with over $4.5 billion in payments processed annually. This commercial, part of the Company's national advertising campaign across several business lines, details Newtek's guarantee to 'meet or beat' a business owner's current credit card processing costs, with the promise to pay $250 if the Company is unable to satisfy this claim. The commercial also notes that switching to Newtek's merchant processing platform can offer the client access to Newtek's Data Breach Insurance, which provides coverage for up to $100,000 in Visa/MasterCard fines per merchant account. This commercial currently airs on CNN and Headline News.
Newtek Launches "The Cloud Authority(TM)" TV Ad Campaign
PR Newswire - Tue Mar 18, 8:30AM CDT
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, today announced the launch of its first television advertising campaign for its industry-leading cloud hosting services. The advertising campaign will focus on Newtek's ability to provide incomparable service, with free 24/7/365 domestic support necessary to enhance the daily operations, and bolster security for its business customers. Newtek also announced that switching to the Newtek Cloud could save customers up to 60 percent in information technology ("IT"
Newtek Business Services to Announce Full Year 2013 Financial Results on Monday, March 31, 2014
PR Newswire - Mon Mar 17, 11:00AM CDT
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, today announced that it will report its full year 2013 financial results on Monday, March 31, 2014. A conference call to discuss these results will be hosted by Barry Sloane, Chairman, President and Chief Executive Officer, and Jennifer Eddelson, Executive Vice President and Chief Accounting Officer, on Monday, March 31, 2014 at 4:15 pm ET. The live conference call can be accessed by dialing (877) 303-6993 or (760) 666-3611.
Majority Of Business Owners Not Concerned About Credit Card Security
PR Newswire - Thu Mar 06, 9:01AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,400 respondents, one of the key findings from the February survey is that even after the recent hackings at major companies such as Target and Neiman Marcus, 67% of business owners are not concerned about credit card security at their business. Additionally, 63% of business owners are unaware of EMV Chip Card Technology. EMV is a global standard for credit and debit payment cards based on chip card technology. Payment chip cards contain an embedded microprocessor, a type of small computer that provides strong security features and other capabilities not possible with traditional magnetic stripe cards.
Small Business Economy Grows Modestly in Early 2014
PR Newswire - Tue Mar 04, 8:00AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for January 2014 reaching 125.08 points. The Russell Microcap Index, new business formations and the ADP employment report led the increase. The SB Authority Index is up 0.49% from December 2013. On a year-over-year comparison, the SB Authority Index is up 7.1%.
Newtek Business Services' SBA 7(a) Lender Ranked as 6th Most Active Through the Fourth Quarter of 2013
PR Newswire - Thu Feb 27, 4:15PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, today announced that the U.S. Small Business Administration ranked Newtek Small Business Finance as the 6th most active SBA 7(a) lender among all bank and non-bank lenders, by lending volume, for the period ended December 31, 2013. Newtek continues to retain its position as the largest non-bank SBA 7(a) lender. The Company also announced that for the year ended December 31, 2013, Newtek Small Business Finance funded in excess of $180 million in SBA 7(a) loans, which helped bring Newtek's total internal loan servicing portfolio level to over $500 million as of the date of this release. The Company also maintained the level of its total loan servicing portfolio of over $1.0 billion during the same time period.
Study Finds Health Reform Law Insurance Tax Costly to Florida Medicaid
PR Newswire - Wed Feb 12, 8:00AM CST
A report from actuarial firm Milliman, Inc. and commissioned by Medicaid Health Plans of America (MHPA) shows a provision of the Affordable Care Act (ACA) intended to tax risk-based managed care insurance companies to help fund health reform will drain $1.08 billion from Florida's Medicaid program.
Cambrex to Announce Fourth Quarter 2013 Financial Results on February 11, 2014
PR Newswire - Fri Feb 07, 1:46PM CST
Cambrex Corporation (NYSE: CBM) announced that fourth quarter 2013 financial results will be released on Tuesday, February 11, 2014 before the market opens.
Index Shows Slight Year-End Growth Within Small Business Economy
PR Newswire - Thu Feb 06, 9:56AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for December 2013 reaching 124.46 points. The Russell Microcap Index, Newtek Merchant Processing and approved SBA lending volumes led the increase. The SB Authority Index is up 0.80% from November 2013. On a year-over-year comparison, the SB Authority Index is up 7.35%.
Majority Of Business Owners Optimistic For 2014
PR Newswire - Wed Feb 05, 10:33AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,500 respondents, one of the key findings from the January survey is that 62% of business owners have an optimistic outlook for 2014. Of the remaining, 12% have a pessimistic outlook and 26% feel neutral. Additionally, in regards to headcount, 62% of business owners plan to keep headcount the same, while 30% plan to hire more staff and 8% plan to decrease headcount.
Newtek Debuts Magazine Dedicated To Small Business Owner Issues
PR Newswire - Thu Jan 23, 12:20PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the debut of Newtek, The Small Business Authority Online Magazine for 2013-2014. The magazine serves as a comprehensive look at the many issues small businesses will face in the next year including strategies to address them. To download the online magazine, visit http://www.thesba.com/newtek/annual-magazine/.
Kellogg's Frosted Flakes® Celebrates Father/Daughter Bond Through Partnership With U.S. Olympic Hopeful Ski Jumper Sarah Hendrickson
PR Newswire - Thu Jan 23, 8:00AM CST
For dads looking to connect with their daughters, it might be as easy as a game of catch or an afternoon on the ski slopes. A new Kellogg's Frosted Flakes® survey reveals that sports are a primary way for dads to bond with their daughters. As the Sochi 2014 Olympic Winter Games approach, Frosted Flakes will celebrate the father/daughter relationship by showcasing U.S. Olympic Hopeful ski jumper Sarah Hendrickson and her father, Bill, and by encouraging dads everywhere to share their passion for sports with their girls.
Direxion Launches 3X Leveraged ETFs Tracking FTSE Developed Europe Index
PR Newswire - Wed Jan 22, 7:30AM CST
Direxion, a leader in alternative investment solutions, has launched a pair of leveraged exchange-traded funds (ETFs) tracking the equity performance of mid- and large-capitalization companies in Europe's developed markets.
CPSC Posts Recall to its Web Site
PR Newswire - Thu Jan 16, 12:00PM CST
The U.S. Consumer Product Safety Commission (CPSC) announced today that the following voluntary recall alert was posted in cooperation with the firm listed below. Recalls can be viewed at www.cpsc.gov.