As the pandemic set in earlier this year, we focused our lending efforts on securing PPP loans for businesses in need of this assistance. With that program concluded, Newtek Small Business Lending is back open for all lending options for small to medium sized businesses:
- SBA 7(a)
- SBA 504
- Conventional Loans
- SLOC
If you have clients in need of business financing, or who could be aided by combining and refinancing existing debt into one easy to manage monthly payment, submit a referral using the link below or reach out to me directly.
Speaking of PPP, we are now working with our borrowers to begin the loan forgiveness process. Any of your clients who obtained a PPP loan via Newtek should have received information regarding the process by now. Those with loans less than $50K received a document in their lending portal detailing specific simpler requirements to obtain forgiveness.
I am happy to discuss the forgiveness process with you, as well as any potential referrals or other questions you may have.
Regards,
Jon
Contact:
Jon Schmidt
Sr. Vice President
(212) 273-8241
JSchmidt@NewtekOne.com