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Newtek Business ( (NEWT) ) just unveiled an announcement.
On April 28, 2026, NewtekOne subsidiary Newtek Business Services Holdco 6, Inc. and its wholly owned unit NBL SPV, LLC entered into a term loan agreement with D2 Asset Based Credit Partners for a $20 million facility, which can be upsized by an additional $10 million subject to lender consent and conditions. The SPV pledged certain loans and NH6 pledged its equity in the SPV as collateral, while NewtekOne provided an unconditional guarantee, with the five-year loan maturing on April 28, 2029; NH6 plans to dividend some or all proceeds to the parent for general corporate purposes, potentially enhancing NewtekOne’s funding flexibility and liquidity profile.
The most recent analyst rating on (NEWT) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Newtek Business stock, see the NEWT Stock Forecast page.
Spark’s Take on NEWT Stock
According to Spark, TipRanks’ AI Analyst, NEWT is a Neutral.
The score is held back most by balance-sheet leverage and unstable cash generation, reinforced by bearish technicals. These are partially offset by a very inexpensive valuation with a high dividend yield and a generally positive earnings call featuring constructive 2026 EPS guidance and improving operating metrics, despite ongoing legacy credit and regulatory headwinds.
To see Spark’s full report on NEWT stock, click here.
More about Newtek Business
NewtekOne, Inc., through its wholly owned subsidiaries including Newtek Business Services Holdco 6, Inc., operates in the business services and financial solutions sector. The company utilizes special purpose vehicles and structured credit facilities to support lending activities and broader corporate funding needs across its portfolio of business services operations.
Average Trading Volume: 217,366
Technical Sentiment Signal: Strong Buy
Current Market Cap: $374.2M
For a thorough assessment of NEWT stock, go to TipRanks’ Stock Analysis page.