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Newtek Business Services Corp: Stock Chart

Newtek Business Services, Inc., through its subsidiaries, provides financial and business services to the small-and medium-sized business market in the United States. It provides electronic payment processing services, such as marketing credit and debit card processing services; check approval services; and ancillary processing equipment and software to merchants who accept credit cards, debit cards, checks, and other non-cash forms of payment. The company also provides shared and dedicated Web hosting, design, and related services, including domain registration and online shopping cart tools; dedicated server and virtual instance plans under the Newtek Technology Services, Newtek Web Services, and Newtek Webhosting and CrystalTech brands; and Linux-based Web hosting, and Web-based data storage and back-up services. In addition, it originates, sells, and services small businesses loans guaranteed by the U.S. Small Business Administration for acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions. Further, the company offers personal, commercial, and health/benefits line of insurance products to customers of its affiliated companies, as well as its alliance partners; accounts receivable financing, billing, and accounts receivable maintenance services; customized Web design and development services; off-site data backup, storage, and retrieval services; and payroll management processing and employee tax filing services. It has strategic partnerships and contracts primarily with Credit Union National Association; PSCU Financial Services; and Fiserv Solutions, Inc. The company was founded in 1998 and is headquartered in New York, New York.

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