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NEWITY LLC
NEWITY provides small business capital through SBA-backed loans and NEWITY Growth Term Loans. It serves small businesses, including manufacturers and food and agriculture businesses, with streamlined online applications and loan support.
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Newity
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Description
Newity is a fintech company focused on facilitating small business loans through a fully digital lending experience. Newity operates as a lending service provider, partnering with participating banks that originate and approve loans. The platform offers an online application process, automated documentation workflows, and operational support to accelerate funding timelines—often delivering capital significantly faster than traditional banking channels. Newity generates revenue through loan-processing and service fees, helping small businesses efficiently access government-backed and conventional financing programs.NEWITY Growth Term Loans
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Description
NEWITY Growth Term Loans provides small businesses with up to $200,000 in financing, no down payment, competitive terms, potentially lower monthly payments, and 10-year repayment terms. Eligible uses include inventory, payroll, rent, operating costs, and refinancing business debt, including merchant cash advances. Applicants provide recent business tax returns, six months of bank statements, and a business debt schedule. Fundings are temporarily paused, with resumption anticipated in Q3 2026.Category: Centralised Borrowing & Lending