Newtek Business Services Corp Announces Management Appointments
April 15, 2019 at 02:10 pm
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Newtek Business Services Corp. announced that two of its portfolio companies have hired two senior lending executives. Mr. Albert Spada has joined Small Business Lending as Executive Vice President. Prior to joining Newtek Business Lending, Mr. Spada was Managing Director and Head of Asset Based Finance at Santander Bank in the United States, with responsibility for the ABL and Mortgage Warehouse Finance businesses. Prior to Santander, he held the positions of National Sales Leader for Citizens Business Capital, Executive Vice President and Chief Sales Officer of CIT Commercial and Industrial, and spent more than 13 years at GE Commercial Finance in various leadership positions. He also held positions at The Bank of New York and Goldman Sachs. In addition, Mr. Frank Bertelle has joined CDS Business Services Inc. as Chief Operating Officer. Prior to joining Newtek Business Credit, Frank served as Senior Vice President, Market Credit Manager for TD Bank N.A. ABL Group. Prior to TD Bank, Mr. Bertelle held positions at The CIT Group, Transamerica Business Capital Corp. and The Dai-Ichi Kango Bank, LTD.
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. 
