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Stock Market & Financial Investment News

News Breaks
August 12, 2014
09:05 EDTCOF, NEWTNewtek Business subsidiary to increase revolving credit facility to $50M
Newtek Business Services (NEWT), The Small Business Authority, announced that its lending subsidiary, Newtek Small Business Finance, received approval and documentation from Capital One (COF) to increase its existing $27M revolving credit facility to $50M. The form of the amended documentation for the additional financing is subject to regulatory approval, and will bring the Company's total financing through Capital One to $70M on a company-wide basis. The $70M consists of a $10M term loan and up to $60M in revolving lines of credit.
News For NEWT;COF From The Last 14 Days
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March 31, 2015
11:29 EDTCOFCapital One files automatic mixed securities shelf
March 26, 2015
16:29 EDTNEWTNewtek Business Services will pay a special one-time dividend during FY15
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March 19, 2015
09:02 EDTNEWTNewtek Business Services board increased quarterly dividend to 39c
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