Majority Of Business Owners Report Their Websites Are Performing

04 May, 2015, 09:08 ET from Newtek Business Services Corp.

NEW YORK, May 4, 2015 /PRNewswire/ -- Newtek Business Services Corp., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,100 respondents, the key finding from the April survey is 70% of business owners say their website is giving them maximum performance. Additionally, 65% of business owners say they are getting sufficient traffic and business from their website to meet their needs and expectations.

The full April 2015 results showed the following:

Poll Question

Poll Answer

Percentage

Is your website giving you maximum performance?

Yes

70%

No

30%

Are you getting enough traffic and business from your site to meet your needs and expectations?

Yes

65%

No

35%

Barry Sloane, Chairman, President and CEO of The Small Business Authority® commented, "We are pleased that our eCommerce clientele, with over 1,100 live respondents, was able to express satisfaction in the performance of their current website. Unquestionably, the Internet and the utilization of eCommerce platforms are increasingly becoming the mainstay of independent business owners sales channels. We will work with the bottom third of our client universe to make sure they are maximizing all of their assets and sales potential in cyberspace."

About Newtek Business Services Corp.

Newtek Business Services Corp., The Small Business Authority®, is an internally managed BDC, which along with its controlled portfolio companies, provides a wide range of business services and financial products under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to over 100,000 SMB accounts across all 50 States to help them grow their sales, control their expenses and reduce their risk.

Newtek's products and services include: Business Lending, Electronic Payment Processing,  Managed Technology Solutions (Cloud Computing), eCommerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage, Insurance Services, Web Services, Data Backup, Storage and Retrieval and Payroll.

The Small Business Authority® is a registered trade mark of Newtek Business Services Corp., and neither are a part of or endorsed by the U.S. Small Business Administration.

Note Regarding Forward Looking Statements

Statements in this press release including statements regarding Newtek's beliefs, expectations, intentions or strategies for the future may be "forward-looking statements." All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. Risk factors, cautionary statements and other conditions, which could cause Newtek's actual results to differ from management's current expectations, are contained in Newtek's filings with the Securities and Exchange Commission and available through www.sec.gov

For more information, please visit the following websites: www.thesba.com

Contacts: Newtek Business Services Corp. Barry Sloane Chairman and CEO 212-356-9500 bsloane@thesba.com

Simrita Singh Telephone: (212) 356-9566 / ssingh@thesba.com Investor Relations Contact: Jayne Cavuoto Telephone: (212) 273-8179 / jcavuoto@thesba.com

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SOURCE Newtek Business Services Corp.



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