BOCA RATON, Fla., April 10, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) ("NewtekOne" or the "Company") announced that its subsidiary Newtek ALP Holdings has paid down to $0 two credit facilities that it had used to fund originations of Alternative Loan Program or ALP loans (also referred to as C&I longer amortizing loans ("C&I LA loans")). Going forward, NewtekOne's bank subsidiary, Newtek Bank, N.A. (the "Bank"), will be originating C&I LA loans and funding them with deposits. As has been the Company's practice since launching the C&I LA loans business in 2019, NewtekOne intends to continue to securitize C&I LA loans on a regular basis and intends to do so from the Bank's balance sheet.

Newtek ALP Holdings paid off and terminated the Capital One ("COF") facility in March and expects to terminate the Deutsche Bank ("DB") facility by the end of April. The DB and COF facilities ended 2025 with combined outstanding balances of approximately $185 million and now have $0 outstanding following the Newtek ALP Holdings' January 2026 securitization backed by C&I LA loans. The NALP Business Loan Trust 2026-1 securitization represented the Company's fourth asset-backed securitization secured by C&I LA loans and was NewtekOne's 17th and largest rated securitization.

"Deutsche Bank and Capital One have been fantastic partners," said Barry Sloane, Chief Executive Officer, President and Chairman of NewtekOne. "We cannot thank them enough for supporting the growth of our C&I LA loans business, which has become an important component of NewtekOne's offering of ...