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NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes
NEWTNewtekOne(NEWT) GlobeNewswire·2025-04-23 16:10

Transaction Marks NewtekOne’s 16th SecuritizationBOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has closed a 184millionsecuritizationbackedby184 million securitization backed by 216 million of Alternative Loan Program (“ALP”) loans. This securitization, NALP Business Loan Trust 2025-1, represents the Company’s third asset-backed securitization secured by ALP loans, the first two of which were executed out of NewtekOne joint ventures, and is the Company’s 16th r ...