debt
confidence high
sentiment neutral
materiality 0.50
NewtekOne subsidiary obtains $20M term loan; may increase to $30M, matures 2029
NewtekOne, Inc.
- NH6 Borrower and SPV Borrower entered $20M term loan with D2 Asset Based Credit Partners on April 28, 2026.
- Loan may be increased by additional $10M subject to lender consent and other conditions.
- Matures April 28, 2029; proceeds may be dividend to parent for general corporate purposes.
- Loan secured by pledged loans and equity interests; Company guarantees all obligations.