SBA 7(a) loans up to $250,000 and ERC up to $26,000 per employee available in the Portal — Log In or Sign Up.

Customer Service & Support
NEWITY LLC
Menu
  • About
  • Member Market
  • Banks & Lenders
  • Member Resources
  • Insights
  • Contact
  • Sign Up
  • Log In

Member Resources

  • Guide: Loan Prequalification Application
    • Follow the steps below to quickly prequalify for a business loan.
    • 1. Set Up or Log Into Your Account
    • 2. Prequalification Tile for Business Loans
    • 3. Loan Request
    • 4. Business Information
    • 5. Business Owner
    • 6. Application Consent

Guide: Loan Prequalification Application

Follow the steps below to quickly prequalify for a business loan.

Our prescreening process is designed with your security in mind. Enjoy peace of mind knowing that your credit score will not be impacted and all of your personal information is kept secure. 

1. Set Up or Log Into Your Account

Visit https://portal.newitymarket.com to log in or sign up for your account.

View our Account Setup Guide here if you need any additional guidance.

FORGOT YOUR PASSWORD?
No problem, click Reset Your Password. on the login screen and an email will be sent for you to reset your password.

2. Prequalification Tile for Business Loans

Navigate to the Prequalification Tile within the Smart Portal and click the ‘Start Now’ button.

3. Loan Request

The first screen is the Loan Request portion. After entering your desired loan amount, please indicate the intended use for the loan. The use of the loan does not need to be exact.

In the revenue section, enter the values as they appear on your business’ tax records for 2020, 2021, and 2022.

4. Business Information

On the Business Information section, enter the details as they appear on your business’ tax records. 

5. Business Owner

In the Business Ownership page, please enter ownership information for the majority owner of the business.

Note: Only the majority owner’s information is needed to prequalify.

After selecting ‘Add Owner,’ fields will appear to enter the first name, last name, and ownership percentage of the owner. Be sure to select the type of owner before clicking ‘Save.’

Note: You must provide additional information about the majority owner on the following screen, indicated by the ‘Fill Out’ button after you have entered the first name, last name, and percent of ownership.

If you are not the owner and/or do not know the pertinent information to complete the ownership form, it can also be shared with the contact via email by selecting ‘No, Share Form.’ If you are able to complete the ownership form, click ‘Yes, Fill Out Form’ to continue.

Be sure to click the ‘I am an authorized signer’ box at the top of the Personal Details screen.

Once you have entered all requested information, press ‘Save.’ This will return you to the Business Ownership screen so you can continue your application.

6. Application Consent

In the Application Consent section, please read and accept the Terms of Use, Privacy Policy, and Terms of Application by clicking each box before selecting ‘Accept & Continue.’

7. Loan Offers: 3 Pre-Qualification Outcomes

In the Loan Offers section, you will be presented with a loan that fits your company profile. To learn more about each loan offer, click the header that corresponds to your screen.

If you see this screen you are prequalified for an SBA 7(a) loan. To move forward with your 7(a) loan offer, click ‘Select and Continue.’ This will notify a NEWITY representative to reach out to you via email.

In the interim, NEWITY welcomes you to learn more about the Employee Retention Credit (ERC) program, also offered in the NEWITY portal.

If you see this screen you did not meet SBA 7(a) loan requirements, but NEWITY’s partner, Fundation, has a loan offer for your consideration. To move forward with the Fundation offer, click ‘Select and Continue.’ This will notify Fundation to reach out to you via email.

In the interim, NEWITY welcomes you to learn more about the Employee Retention Credit (ERC) program, also offered in the NEWITY portal.

If you see this screen, NEWITY was unable to determine an immediate loan offer for your consideration. A NEWITY representative will reach out to you with next steps.

In the interim, NEWITY welcomes you to learn more about the Employee Retention Credit (ERC) program, also offered in the NEWITY portal.

Thank you for your application!

We look forward to working with you.

NEWITY LLC
  • About
  • Member Market
  • Banks & Lenders
  • Member Resources
  • Insights
  • Press
  • Careers
  • Contact
Twitter logo LinkedIn logo Facebook logo Instagram logo YouTube logo

Sign Up Log In

America's Small Business Marketplace.

NEWITY LLC © 2023 (773) 839-8089 Terms Privacy Policy Terms of Application