Hello,
My name is George Amanzio and I am your new point of contact for Newtek Business Services Corp., an approved business lending partner for Morgan Stanley.
I wanted to make sure you are aware that funds for PPP loans have been exhausted and the SBA is no longer accepting applications. Please be assured, we will continue to work with Morgan Stanley clients who have been notified by Newtek that they received an SBA approval number. These loans will be processed and funded as long as all required documentation is submitted by PPP borrowers during the closing process.
For those Morgan Stanley clients who have not applied for a PPP loan, there is no longer availability to receive funds under this program. As a reminder, Newtek's full array of lending capabilities are available for business owner needs.
Benefits of a loan with Newtek include:
- Loans from $50K to $15M
- 10-25 year amortization schedules
- Higher advance rates than banks
- No bank loan covenants
- Single digit interest rates
Client or prospect referrals who are in need of growth capital, working capital, CRE refinance, and CRE purchase finance, can be directly entered into NewTracker.
I also welcome the opportunity to talk with you to formally introduce myself and learn more about how we can work together. Call me at the number below or let me know your availability and I'll set something up on our calendars.
Regards,
George
Contact:
George A. Amanzio
Regional Vice President - Institutional Relationship Manager
212-356-9534
GAmanzio@NewtekOne.com
|
|
|
|
