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Sunday, December 20, 2009, 12:40AM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Newtek Business Services Inc. (NEWT)On Dec 18: 0.90  Down 0.04 (4.26%)  
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Newtek Business Services Inc.
1440 Broadway
17th Floor
New York, NY 10018
United States - Map
Phone: 212-356-9500
Fax: 212-643-1006
Web Site: http://www.newtekcapital.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Diversified Investments
Full Time Employees:284

BUSINESS SUMMARY 
Newtek Business Services, Inc., together with its subsidiaries, operates as a distributor of business services to small-and medium-sized businesses in the United States. It provides electronic payment processing services, including credit card, debit card, check conversion, and ACH solutions; Web hosting and related services, including domain registration and online shopping cart tools, as well as Linux-based Web hosting and Web-based data storage and back-up. The company also originates, sells, and services small businesses loans by the U.S. Small Business Administration to acquire commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions. In addition, it offers insurance services, including commercial, health and benefits, and personal lines of insurance; accounts receivable purchasing and financing services; Web design and development services; off-site data backup, storage, and retrieval services; and payroll management processing and employee tax filing services. The company has strategic partnerships and contracts with Credit Union National Association; PSCU Financial Services; and Fiserv Solutions, Inc. Newtek Business Services, Inc. was founded in 1998 and is headquartered in New York, New York.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Newtek Business Services Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 86.5% of CGQ Universe companies and 66.9% of Software & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Barry R. Sloane , 49
    Chairman
    $ 350.00K $ 0
    Mr. Seth A. Cohen , 46
    Chief Financial Officer, Sr. VP of Fin. and Treasurer
    $ 265.00K $ 0
    Mr. Craig J. Brunet , 61
    Chief Information Officer and Exec. VP
    $ 336.00K $ 0
    Mr. Jeffrey Rubin , 41
    Consultant
    $ 103.00KN/A
    Mr. John Cox , 73
    Chairman of Newtek Small Bus. Fin. and Chief Exec. Officer of Newtek Small Bus. Fin.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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