Is Newtek processing PPP loans?
Newtek Business Services Corp. BOCA RATON, Fla., Jan. ... Barry Sloane, President, Chairman and CEO said, “We greatly appreciate the opportunity to service independent business owners across the U.S., and we are currently submitting first- and second-draw PPP loan applications to the SBA on behalf of our customers.
Is Newtek an SBA lender?
Yes, Newtek is a legitimate lender. It's an SBA-preferred lender, which means the government has authorized it to process SBA applications itself.
How long does Newtek take to process?
Secured by accounts receivable or inventory, Newtek's asset-based line of credit model is more flexible than a traditional loan, requires less rigorous underwriting compared with conventional financing, has competitive interest rates, and gets you your funds in two weeks or less.
Who makes TriCaster?
Products. In 2005, NewTek introduced TriCaster, a product that merges live video switching, broadcast graphics, virtual sets, special effects, audio mixing, recording, social media publishing and web streaming into an integrated, portable and compact appliance.