secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001628280-26-028356
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne subsidiary obtains $20M term loan; may increase to $30M, matures 2029
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026028356/0001628280-26-028356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026028356/newt-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028356

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer