Newtek Small Business Finance, Inc.

This is a small business lender offering SBA loan programs, including the 7(a) loan, to help entrepreneurs secure funding for growth and development needs.

It's recommended to schedule an appointment, but walk-ins are also welcome during business hours for consultations and application support.

The office is open Monday through Friday from 9:00 AM to 5:00 PM, with additional appointment options available outside these hours.

There are no fees to access their services; however, standard SBA loan fees and interest rates apply based on the loan terms.

This lender serves small businesses nationwide, regardless of residency, as long as the business meets their lending criteria.

A minimum personal credit score of 640 is generally required to qualify for SBA loans.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and Newtek Small Business Finance, Inc. typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Newtek Small Business Finance, Inc. to confirm current weekend availability before you go.

Newtek Small Business Finance, Inc. is located in New York — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Newtek Small Business Finance, Inc., an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Newtek Small Business Finance, Inc. itself, which runs its own lending under its own ownership. If you work at Newtek Small Business Finance, Inc., you can claim this listing from this page to manage it.

The core details for Newtek Small Business Finance, Inc. — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Newtek Small Business Finance, Inc. before applying. If you represent Newtek Small Business Finance, Inc., claim this listing to keep its information up to date.

You can reach Newtek Small Business Finance, Inc. by phone at (855) 763-9835, email at Hello@NewtekOne.com, or via their contact form at newtekone.com/contact/.

Based on its approved SBA loans, Newtek Small Business Finance, Inc. most often finances businesses in restaurants & food service, construction & contractors, general retail, manufacturing, wholesale & distribution, and medical practices & clinics. This reflects Newtek Small Business Finance, Inc.'s real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Newtek Small Business Finance, Inc. which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Newtek Small Business Finance, Inc. participates in SBA Express depends on its specific SBA lending authority. Contact Newtek Small Business Finance, Inc. and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Newtek Small Business Finance, Inc. can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Newtek Small Business Finance, Inc.'s appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Newtek Small Business Finance, Inc. directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Newtek Small Business Finance, Inc. what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Newtek Small Business Finance, Inc. to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Newtek Small Business Finance, Inc. to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Newtek Small Business Finance, Inc. weighs this case by case under its own policy, so be upfront about your history and ask Newtek Small Business Finance, Inc. how it evaluates prior bankruptcies.