NEWITY
by NEWITY
Information provided by NEWITY, reviewed by Builders in Fintech.
SBA 7(a) and growth term loan access for US small businesses
- Category
- Lending infrastructure
- API
- Not available
- Markets
- United States
NEWITY is a lender service provider that helps US small businesses apply for financing through bank partners. Its products are SBA 7(a) loans, NEWITY Growth Term Loans (which are not SBA loans), SBA Made in America Loans and SBA Grocery Guarantee Loans. Businesses create a free account, prequalify online within minutes and submit documents through a portal. NEWITY states that it is not a lender in the SBA 7(a) program. Loans are processed and approved by its partner Northeast Bank. The company says it has helped more than 125,000 businesses access over $12 billion in capital since 2020. A press release on its site says it has selected the Canton Network to support on-chain distribution of small business credit.
Agent-Ready: not yet assessed · How we check
Company-provided, not part of the CC BY dataset.