09:11 AM EDT, 06/18/2025 (MT Newswires) -- NewtekOne ( NEWT ) said Wednesday its Newtek ALP unit expanded a revolving credit facility with Deutsche Bank ( DB ) to $170 million to finance loan originations ahead of securitizations.
The company said the revised agreement increases the size of the revolving warehouse facility used for its Alternative Loan Program.
Deutsche Bank ( DB ) has been providing financing since 2019, NewtekOne ( NEWT ) said.