Newtek provides SBA-guaranteed small business loans, accounts receivable financing and commercial real estate financing. You can offer these services to your small business members with no credit risk, no new expenses and no additional staff. Funds can be used for a wide range of business needs, including:
- Purchase or refinance commercial real estate
- Open, expand or acquire a business
- Working capital
- Purchase equipment
- Make leasehold improvements
- Refinance existing business debt
Even if you have a commercial lending program, Newtek can help you offer small business loans from $50,000 to $5,000,000 to a wider range of members. You may pass on loans that come across your desk for a variety of reasons—see non-interest income from those existing relationships by connecting that member with Newtek.
Learn more about Newtek’s solutions
Talk to one of our CUNA Strategic Services alliance managers to learn more about these products and services. We’ll help you identify and evaluate the best solution for your credit union, and you’ll get access to our exclusive negotiated pricing.