Newtek Business Services Inc. Opens California Office for Business Development; Appoints Tom Stier as Senior Vice President and Western Region Manager
January 23, 2013 at 07:30 pm IST
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Newtek Business Services Inc. opens California Office for Business Development. The new West Coast regional office will be led by Tom and will have up to 4 other professional staff members. The activities of the Office will be to promote and sell the total spectrum of Newtek products including the Newtek Advantage(TM) operating platform to distribution partners and retail accounts. The Newtek Advantage(TM) provides the ability to access real-time critical data and information on electronic payment processing, payroll, web traffic statistics and insurance products. Tom and his team will be responsible for distributing all other Newtek products throughout the region as well. The office is anticipated to open during the first quarter of 2013 in the Orange County region of California.
The company also announced that it has hired Tom Stier as Senior Vice President and Western Region Manager, to establish and run a business development office for Newtek Business Services. Tom most recently was the Vice President Sales, Marketing, Product Development & Investor Relations at Aurora Bank, FSB, and has extensive experience in managing all aspects of residential and commercial lending including loan origination, assembling, underwriting and servicing.
NewtekOne, Inc. (NewtekOne) is a financial holding company. The Company provides a range of business and financial solutions under the Newtek brand to the small and medium-sized business (SMB) market. NewtekOneâs business and financial solutions include complete lending solutions, account receivable lines of credit, small balance unsecured term loans, electronic payment processing and tablet-based payment, processing solutions, mobile payment processing solutions, payroll and benefit processing solutions, Web design and full e-commerce business solutions, health insurance and benefits, commercial/personal insurance, complete information technology (IT) solutions, and the cloud-based operating platform. The Companyâs registered trademarks include Newtek, NewtekOne, Newtek Bank, National Association, Your Business Solutions Company, and One Solution for All Your Business Needs. The Company serves approximately 50 states.
NEWTEKONE, INC. 
