Core Viewpoint - NewtekOne, Inc. has launched the Newtek Seven Day Business Loan™, offering business loans up to $350,000 funded within seven days, structured over a ten-year repayment period with favorable borrowing costs compared to alternatives like merchant cash advances [1][3] Group 1: Product Offering - The Newtek Seven Day Business Loan allows approved borrowers to access funds quickly, with a total borrowing cost that is more favorable than other quick funding options [1] - The loan is secured with collateral and designed to avoid balloon payment risks, providing predictable monthly payments for independent business owners [3] Group 2: Technology Integration - Newtek Bank utilizes the internally developed NewTracker loan processing system powered by AI to achieve seven-day loan processing times [2] - AI assists in the underwriting process by analyzing historical financials, projecting future cash flows, and reviewing corporate documents, enhancing the borrower experience by reducing fees and closing times [2][3] Group 3: Business Growth and Efficiency - The incorporation of AI has allowed Newtek Bank to triple the number of loans closed over the past three years without increasing headcount in the loan closing staff [3] - The company emphasizes its technological advantage in banking, which improves operating efficiency and profitability while maintaining credit quality in lending decisions [3] Group 4: Market Position and Future Outlook - NewtekOne has opened 9,000 deposit accounts in Q4 2025, bringing the total to 35,000, showcasing its ability to operate digitally without traditional banking methods [3] - The company believes that technology-oriented banks will need to leverage advanced tools for efficient customer service and prudent credit underwriting in the future [3]