NewtekOne Bank Witnesses Significant Growth in Q1 Loan Approvals

Monday, 1 April 2024, 15:46

NewtekOne's bank subsidiary has experienced robust growth in loan closings and approvals, leading to a remarkable 36% surge in loans in the first quarter of 2024. The increase signifies the bank's strong support for small businesses amid economic recovery efforts.
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NewtekOne Bank Witnesses Significant Growth in Q1 Loan Approvals

NewtekOne's Bank Sees Record Loan Growth in Q1 2024

NewtekOne's bank subsidiary has announced a substantial rise in loan closings and approvals during the first quarter of 2024, highlighting a 36% increase in loans. The surge underscores the bank's commitment to supporting small businesses in need of financial assistance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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