Business Insights

A Letter from our CEOs – What to Expect in 2024

Luke LaHaie & David Cody
5 Minutes to read
NEWITY Newsletter image

Dear Member,

Happy New Year! We’re excited to kick off 2024 with a preview of what lies ahead for our small business offerings here at NEWITY.

Small Business Loans

We’re committed to helping businesses access affordable capital. In 2024, we plan to bring a wider array of capital offerings to our platform through our single prescreen application. We’re aiming to serve a broader set of the small business community while keeping the application process simple.

Tax Credits

While we’ll continue to help individuals file for ERC and receive faster funding for their filed credits, we’re exploring other types of tax credits that provide meaningful capital for small businesses. Likewise, we’ll be reviewing how we can provide other types of tax support.

Technology

We’re constantly refining our technology, enhancing smart integrations, and simplifying our applications as much as possible. Look out for improvements to our online experience and website to further streamline our system.

Team

Our team has, and continues to be, our top asset at NEWITY. We’re excited to broaden our staff’s reach into the community through even more educational events and materials this year.

If you are a NEWITY member, we thank you for being a valuable member of our small business community. If you are not a member, we are excited at the possibility of working with you. We’re grateful that you’re here and hope you’re equally as energized for the year ahead.

Luke & Dave 

To qualify for an SBA 7(a) small business loan, your business must be:

  1. U.S.-based and operated
  2. Owner supported / owner funded
  3. Eligible per the SBA’s requirements

Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business