NewtekOne Raises $20 Million in Sale of Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P.
We believe the Patriot investment, given the extensive analysis they performed, provides further validation for our transformation into a financial holding company.”
- We believe the Patriot investment, given the extensive analysis they performed, provides further validation for our transformation into a financial holding company.”
Kirk Wycoff, Founder and Managing Partner of Patriot Financial Partners said, “Patriot is excited to invest in NewtekOne and to be joining the Board of Newtek Bank. - NewtekOne has a 20-year track record of successfully helping small and mid-sized businesses (SMBs).
- NewtekOne’s technology, business services, and lending products are unique in the marketplace and tailored to help SMBs grow and succeed.
- Actual results and capital and other financial conditions may differ materially from those included in these statements due to a variety of factors.