NewtekOne's credit facility expansion represents a calculated bet on continued growth in alternative lending demand. Success will depend on the company's ability to maintain underwriting discipline while scaling operations, execute efficient securitizations, and navigate potential market volatility.

Barry Sloane, President, Chairman, and CEO of NewtekOne, highlighted the company's exceptional track record in loan performance. He noted...

Newtek Bank and the Company’s non-bank lending subsidiaries closed $316.5 million of loans across all loan products for the three months...