NewtekOne, Inc. Pays Off and Expects to Terminate Revolving Lines of Credit at Holding Company Subsidiary
Rhea-AI Summary
NewtekOne (NASDAQ: NEWT) said its subsidiary Newtek ALP Holdings has paid the two credit facilities to $0 and will terminate them, shifting origination and funding of C&I longer amortizing loans (C&I LA loans) to Newtek Bank, N.A.
The company completed a January 2026 securitization (NALP Business Loan Trust 2026-1), its fourth C&I LA loans ABS and 17th rated securitization, and reported the COF and DB facilities ended 2025 with combined outstanding balances of about $185 million.
AI-generated analysis. Not financial advice.
Positive
- Eliminated $185 million combined outstanding on COF and DB facilities
- Shifted C&I LA loan origination to Newtek Bank using deposit funding
- Completed NALP Business Loan Trust 2026-1, largest rated securitization to date
Negative
- Reliance on Bank deposits increases balance-sheet concentration risk
News Market Reaction – NEWT
On the day this news was published, NEWT gained 1.82%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NEWT’s pre-news move of +0.75% is positive but smaller than peers like BCML (+4.8%), PCB (+3.57%), and FNLC (+3.18%), suggesting today’s setup is more stock-specific than a strong sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 06 | Operations update | Positive | +4.7% | Record 1Q26 loan originations and reiterated 2026 EPS guidance. |
| Mar 30 | Earnings date set | Positive | +1.1% | Announcement of Q1 2026 results date and conference call. |
| Mar 13 | Dividend declaration | Positive | +0.5% | Quarterly dividends declared on common and Series B preferred shares. |
| Mar 10 | Product launch | Positive | +0.2% | Launch of Newtek Seven Day Business Loan with AI-enabled underwriting. |
| Feb 17 | Awards & recognition | Positive | +2.5% | Industry awards for SBA lending and deposit products at Newtek Bank. |
Recent company news items have generally been positive and have aligned with modestly positive next-day price reactions.
Over recent months, NewtekOne has reported several constructive developments. On Feb 17, Newtek Bank received notable lending and deposit awards, followed by the launch of the Newtek Seven Day Business Loan™ on Mar 10. Dividends were declared on both common and preferred shares on Mar 13. Late March and early April brought an earnings date announcement and record 1Q26 loan originations with reiterated EPS guidance. Today’s ALP credit facility payoff fits into this ongoing operational and funding evolution.
Market Pulse Summary
This announcement detailed NewtekOne’s transition from revolving credit facilities—now paid down to $0—toward deposit-funded C&I LA loans and regular securitizations, including its 17th rated transaction. The shift reinforces the bank-centric funding model and highlights loan structures with 10–25 year amortization and no balloon payments. Investors may watch future securitization activity, loan credit performance, and funding costs to gauge the durability of this strategy.
Key Terms
asset-backed securitization financial
balloon payment financial
merchant cash advance financial
amortize financial
AI-generated analysis. Not financial advice.
BOCA RATON, Fla., April 10, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (“NewtekOne” or the “Company”) announced that its subsidiary Newtek ALP Holdings has paid down to
Newtek ALP Holdings paid off and terminated the Capital One (“COF”) facility in March and expects to terminate the Deutsche Bank (“DB”) facility by the end of April. The DB and COF facilities ended 2025 with combined outstanding balances of approximately
“Deutsche Bank and Capital One have been fantastic partners,” said Barry Sloane, Chief Executive Officer, President and Chairman of NewtekOne. “We cannot thank them enough for supporting the growth of our C&I LA loans business, which has become an important component of NewtekOne’s offering of business and financial solutions and one of the key aspects of our financial performance. Since its founding in 1998, NewtekOne has demonstrated its ability to adapt as conditions evolve while staying laser focused on our long-standing mission to help independent business owners in the United States become more successful by providing them with business and financial solutions that support revenue growth, lower expenses, and reduced risk.”
Mr. Sloane continued, “Our C&I LA loan is a great example of NewtekOne supporting independent business owners because we believe the C&I LA loan can be a more favorable option to other financing alternatives such as traditional bank loans or merchant cash advance. Our C&I LA loans are structured to amortize over 10 to 25 years with no balloon payment risk and commercially viable rates; the 10-to-25-year terms create lower monthly payments than a borrower could experience with alternative financing options that are structured with shorter maturities, higher rates, and/or balloon payments. Put simply, we offer independent business owners an affordable business loan that can help them grow revenue, lower expenses, and reduce risk.”
About NewtekOne, Inc.
NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
NewtekOne’s and its subsidiaries’ business and financial solutions include: Banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing & Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com)
Newtek®, NewtekOne®, Newtek Bank®, National Association, Your Business Solutions Company®, One Solution for All Your Business Needs® and Newtek Advantage® are registered trademarks of NewtekOne, Inc.
Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Investor Relations & Public Relations
Contact: Bryce Rowe
Telephone: (212) 273-8292 / browe@newtekone.com
