---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-25-000071"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:07:16.683566+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NewtekOne closes $184M ALP loan securitization; weighted avg yield 6.62%

## Summary
- Issued $155.93M Class A, $23.82M Class B, and $4.33M Class C notes backed by $216.56M collateral.
- Class A rated 'A (low) (sf)' with 6.338% yield; Class B 'BBB (sf)' at 7.838%; Class C 'BB (sf)' at 10.338%.
- Weighted average yield of 6.62% and advance rate of 85% on the securitization.
- $32.15M prefunding account included to acquire additional ALP loans originated by the subsidiary.

## SEC filing metadata
- accession: 0001587987-25-000071
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000071/0001587987-25-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000071/newt-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-25-000071
- JSON: https://secwatch.observer/filing/0001587987-25-000071.json
- Plain text: https://secwatch.observer/filing/0001587987-25-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.