Micro Loan Program:

  1. Proceeds:  Working Capital ONLY – Single disbursement.
  2. Collateral:   UCC Filing only, no real estate
  3. Time in Business:  minimum 2 years.  No startups.

Interest Rate:

  • $10,000-$25,000:  Prime plus 4.75%
  • $25,001-$50,000:  Prime plus 3.75%
  • Term:  10 years
  • Must have Personal Credit Score 700-up.

Term Loans

As a full-service, non-bank lender, Newtek Small Business Finance is able to provide a flexible, low-cost lending option that offers longer maturities than conventional loans.

Whether you’re expanding, refinancing your existing debt or acquiring new equipment, Newtek provides financing solutions to help you grow your revenue or improve your cash flow with 25 year amortization schedules.


What Can The Funding Be Used For?

  • Open a new location
  • Acquire an existing business
  • Launch a new product
  • Launch a new marketing initiative
  • Increase working capital
  • Increase cash flow
  • Purchase real estate for business use instead of paying rent
  • Purchase computer hardware or software to make your business more efficient
  • Purchase inventory or equipment
  • Refinance debt
  • Invest in a new ecommerce solution
  • Upgrade your website
  • Take advantage of search engine optimization