NEW YORK, Aug. 15, 2012 /PRNewswire/ -- Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, announced today that it has been named "Company of the Month" by investment newsletter The Bowser Report. Newtek Business Services currently trades on Nasdaq as stock symbol NEWT. The Bowser Report, founded by Max Bowser and in its 36 th year of publication provides investors with vital information about stocks that trade for $3 a share or less. The Bowser Report reaches all 50 states and 13 foreign countries. According to Bowser, being named company of the month indicates the company is financially strong and is a recommended buy. A copy of this report can be found here.
President and CEO, Barry Sloane said, "We are honored at being named by Bowser as "Company of the Month." We welcome current and potential investors to read the Bowser Report and further educate themselves on our business and investment prospects."
- Electronic Payment Processing : eCommerce, electronic solutions to accept non-cash payments, including credit and debit cards, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs.
- Managed Technology Solutions (Cloud Computing): Full-service web host, which offers eCommerce solutions, shared and dedicated web hosting and related services including domain registration and online shopping cart tools.
- eCommerce: A suite of services that enable small businesses to get up and running on-line quickly and cost effectively, with integrated web design, payment processing and shopping cart services.
- Business Lending : Broad array of lending products including SBA 7(a) and SBA 504 loans through its lending subsidiary Newtek Small Business Finance, Inc.
- Insurance Services : Commercial and personal lines of insurance, including health and employee benefits in all 50 states, working with over 40 insurance carriers.
- Web Services: Customized web design and development services.
- Data Backup, Storage and Retrieval: Fast, secure, off-site data backup, storage and retrieval designed to meet the specific regulatory and compliance needs of any business.
- Accounts Receivable Financing: Receivable purchasing and financing services.
- Payroll : Complete payroll management and processing services.