Grow Business Lending. Grow Deposits. Serve More Members.

By Ken Lowy, NewtekOne

Business members need capital. Credit unions want the opportunity to make more loans, deepen relationships, and bring in operating deposits. The opportunity is there. The question is how to capture it with speed, structure, and flexibility.

Every day, NewtekOne helps partner credit unions compete harder, move faster, and win against banks, fintechs, and non-bank lenders.

Through NewtekOne’s Lender Service Provider (LSP) model where a third-party provider supports credit unions with origination, underwriting, documentation, and servicing while the credit union retains the relationship and books the loan on its balance sheet, NewtekOne helps credit unions expand business lending capacity while keeping the member relationship at the center. NewtekOne supports the loan origination process with pre-qualifications, credit memos, credit decision support, underwriting support, documentation, and servicing for lending done on a credit union’s SBA license – cost efficiently with no additional staffing needed! NewtekOne also helps credit unions go-to-market with marketing support and webinars designed to build awareness and generate demand. The credit union makes the loan, NewtekOne helps support the process.

The result is simple: more ability to lend, more ability to serve, and more opportunity to grow deposits and member relationships.

Business lending is one of the strongest ways for a credit union to become invaluable to a business member. When a credit union provides financing that helps a member acquire property, purchase equipment, expand operations, or improve cash flow, that relationship can grow well beyond the loan itself. It can lead to operating accounts, treasury services, payment flows, and deeper deposit relationships that can create lasting value for the institution.

NewtekOne helps credit unions capture that value.

Newtek’s model provides flexibility in how loans are funded. Some loans may go on the credit union’s balance sheet. Others may be funded through Newtek’s lending platform. Either way, the credit union is better positioned to meet the members’ needs, preserve the relationship, and pursue the broader banking opportunity.

NewtekOne originates business loans from $5,000 to $15 million¹, with long-term amortizations typically ranging from 10 to 25 years, no balloon payments, and no standard loan covenants. NewtekOne also offers the Newtek Seven Day Business LoanTM for financing up to $350,000 funded within seven calendar days of a complete application². Member satisfaction at the speed of business!

For credit unions looking to become even more active in business lending, or scale an existing program, success requires the right support behind the strategy. NewtekOne provides that support by helping credit unions expand capacity, execute efficiently, and pursue more opportunities while staying focused on what matters most: serving members well.

If your credit union is ready to make more business loans, grow deposits, and strengthen business member relationships, connect with NewtekOne and start the conversation.

¹NewtekOne, Inc., is a financial holding company that, along with its bank and non-bank subsidiaries, provides a wide range of business and financial solutions under the Newtek^® brand to business owners. Loans are issued by Newtek Bank, N.A., Member FDIC, and a NewtekOne, Inc. non-bank subsidiary.

² Funded to approved borrowers within seven calendar days of a complete application.