NewtekOne, Inc.

NewtekOne is a financial holding company that provides a wide range of business and financial solutions to independent business owners (SMB) under the Newtek® and NewtekOne® brands. The company operates as a financial holding company since January 6, 2023, following the acquisition of Newtek Bank. Prior to this, it was an internally managed non-diversified closed-end management investment company regulated as a BDC. NewtekOne's consolidated subsidiaries include Newtek Bank and its subsidiary SBL, along with several non-bank direct and indirect subsidiaries. These non-bank subsidiaries are: Newtek Small Business Finance, LLC (NSBF); Newtek Business Services Holdco 6, Inc. d/b/a Newtek ALP Holdings (NALH); Newtek Merchant Solutions, LLC (NMS) and its subsidiary Mobil Money, LLC; CDS Business Services, Inc. d/b/a Newtek Business Credit Solutions (NBC); PMTWorks Payroll, LLC d/b/a Newtek Payroll and Benefits Solutions (PMT); Newtek Insurance Agency, LLC (NIA); Titanium Asset Management LLC (TAM); and POS on Cloud, LLC, d/b/a Newtek Payment Systems (POS). The company utilizes NewTracker® as its primary tool for acquiring business referrals, operating a platform that is not limited by client size, industry type, or location. This approach has resulted in a diversified client base across the United States and various industries. NewtekOne has developed a financial and technology-based business model designed to acquire and process its SMB clients cost-effectively.