NewtekOne, Inc. (NEWT) secures a $90 million term loan facility and a $5 million revolving line of credit from Private Credit at Goldman Sachs Alternatives. The financing agreement was used to repay outstanding debt and support corporate operations. Remaining funds may be used for loans, debt repayment, and growth initiatives. NewtekOne is a financial holding company providing various services to small and medium-sized businesses. CEO Barry Sloane appreciates Goldman Sachs Alternatives as a long-term financing partner. While NEWT is undervalued, other AI stocks may offer greater potential. No promotional content included.

Read more at Yahoo Finance: NewtekOne (NEWT) Secures $95M Financing from Goldman Sachs Alternatives