Newtek Tech Exec

NEWTEK PRODUCTS & SERVICES

Ecommerce

A turn–key solution that features all of the necessary components to establish and operate a successful internet based store. The all–in–one solution includes reliable, world–class web hosting, electronic payment processing, choice of online shopping cart, website builder, and much more.

Electronic Payment Processing

Enables you to accept all major credit cards as well as debit and ATM cards for payment whether you are a retail, service, mail–order, or Internet merchant. We work with you to set up merchant payment processing and to customize value–added programs that help drive customers to your door.

Remote Deposit Capture

Remote Deposit Capture enables you to capture and transmit images of paper checks for deposit. Newtek offers front counter and back office solutions for merchants, with an easy–to–use web based application, and single and multi–feed scanners.

Commercial & Cyber Insurance

Newtek serves commercial, institutional and individual customers through the most extensive nationwide commercial and personal insurance networks. We represent only highly–rated insurance companies and support their products with a technologically advanced service center staffed with helpful licensed insurance agent.**

**No Commissions Paid to Insurance Referrals until the TechExec is a licensed agent or agency; accrual paid once proof of licensing is received by Newtek

Web–Based Payroll

Newtek manages your entire payroll and tax hassles, eliminating the payroll headache, and getting you back to what you do best, your business. With our powerful web-based control you log on, record hours and payroll data and submit. Checks, stubs and direct deposits arrive on payday without the hassle.

Business Commercial Loans

Newtek is a full-service, non–bank business lender that is distinguished for its broad array of lending products and customer friendly application process. Newtek makes loans ranging from $3,000 to $5 million to both startup and existing businesses nationwide.

Commercial Real Estate

Newtek offers commercial real estate loans for both owner–occupied and investor properties, as well as SBA 504 loans. With up to 90% financing available, and loans up to $5 million, Newtek also provides competitive fixed and/or variable rates with multiple prepayment options.

Line of Credit

For businesses that have been established for at least two years, with a minimum annual sales revenue of $50,000, Newtek offers lines of credit from $5,000 to $100,000. Our lines of credit require no collateral and feature rates as low as prime +1.75%.

Data Storage

Newtek Provides fast, secure off–site data backup, storage and retrieval systems designed to meet the specific regulatory and compliance needs facing your organization. We enable you to benefit from reliable server backup and recovery, while eliminating the risk and burden of tape. These solutions automate and integrate your entire data protection workflow.

Accounts Receivable Financing

Newtek is a full–service commercial finance operation delivering cash flow and related solutions to small and middle–market businesses across the country. As a non–bank enterprise, business credit is distinguished by its flexible facilities, ranging in size from $10,000 to $500,000

Business Cash Advance

Newtek provides your business with a cash advance against its merchant processing account of up to $250k per location. An alternative to a small business loan, these funds are typically available within 7 days or less based on all future credit card sales.