Newtek Small Business Finance, Inc.
Based in NY10,773 SBA loans totaling $6.8B.
Total Loans
10,773
1991–2025
Total Volume
$6.8B
Gross approval amount
Avg Loan Size
$636K
Median: $300K
Avg Interest Rate
7.33%
Default Rate
10.0%
States Served
50
+ 3 territories
Newtek Small Business Finance, Inc. — Annual Lending Volume
Newtek Small Business Finance, Inc. — Annual Loan Count
Where They Lend
What They Lend For
Loan Size Distribution
Loan Outcomes
Active27.1%
Paid in Full34.1%
Charged Off6.8%
Cancelled32.1%