Small Business Currents: Watch Out for These 4 ERC Processor Red Flags

Many ERC processors emerged in 2022 after new legislation widened the program’s eligibility criteria. However, not all ERC processing companies are equal. Here are four red flags for ERC processing companies that you should never ignore.

LendVer Names NEWITY the 2023 Best Employee Retention Credit (ERC) Company

LendVer, the reputable database of vetted business lenders and service providers has finalized its review process for the 2023 Best Employee Retention Credit (ERC) company, and has selected Chicago, IL based NEWITY.

Michigan Chronicle: Find Small Business Success in 2023

With a new outlook and hopes on the horizon for a better economic future despite the reported gloom and doom, 2023 is shaping up to be an engaging year as numerous small businesses are bracing for economic uncertainty with a looming recession and inflation – yet they are now more equipped than ever.

Inc.: The Employee Retention Credit Is a Great Deal–but Beware ‘ERC Mills’

Filing for the ERC is complicated, and some CPAs won't do it. That's forced founders to opt for pricey alternatives, some of which are more interested in fees than performance.

NEWITY Launches ERC Service for Small Businesses

Today, NEWITY, a small business marketplace dedicated to providing access to SBA loan solutions and trusted service providers, announced their new Employee Retention Credit (ERC) offering aimed at helping businesses claim their payroll tax credits.

NEWITY Now Offering SBA 7(a) Loans up to $250,000

NEWITY, a small business marketplace dedicated to creating equitable access to small business loans and trusted business service providers, today announced the expansion of its loan solutions to include SBA 7(a) loans up to $250,000.

Small Business Currents: The 3 Do’s and Don’ts for Small Business Recession Survival

Regardless of whether the U.S. meets official recession criteria, the current market environment has, and will continue to, impact American businesses far and wide. In preparation for the months ahead, we’ve identified three Do’s and Don’ts for small businesses to survive a recession.

Global Banking & Finance: Capital access: behind America’s small business problem

Small businesses are America’s lifeblood, comprising 44% of national GDP, creating 62% of new jobs, and representing 99.9% of all U.S. businesses. Despite the government’s recent efforts to support entrepreneurs, small businesses are failing to keep up with major corporations amid the current economic landscape.

Crain’s Chicago Business: Not enough small companies are tapping into low-cost federal loans

From Crain's Chicago Business - A chat with the co-founder of NEWITY, a Chicago-based adviser to small businesses and an administrator of government-backed loan programs.

The Business Journal: Firm on ground floor of ‘renaissance of the SBA’

As is apparent from this week’s list of SBA Lenders, small businesses demand small balance loans, but there remains room for improvement to reach underserved owners.

Inc.: Recession Planning: How to Prep Now for More Economic Woes Ahead

Experts say its time to take a close look at your finances--and start digging your trench.

Small business marketplace NEWITY selects insurtech leader Mylo as exclusive insurance partner

NEWITY, America’s Small Business Marketplace, has selected award-winning insurtech Mylo to provide its members with expert insurance coverage. NEWITY’s marketplace provides entrepreneurs with equitable access to SBA loan solutions and trusted business services within its smart, digital platform. Mylo’s proprietary technology delivers customized insurance advice and solutions from top carriers for a wide range of needs. This powerful combination will enable business owners to finance and protect their companies – all in one place.

Breef and NEWITY Partner to Help Small Businesses Grow

NEW YORK - FEBRUARY 28, 2022 - Breef (, the world’s first online agency marketplace, has announced a partnership with NEWITY, the small business marketplace dedicated to supporting equitable access to SBA loans and trusted business service providers. As NEWITY’s official Marketing Services Partner, Breef is helping NEWITY’s community of 115,000 and growing small business members more easily access marketing agency resources and extend their growth opportunities.

Praxent Supports NEWITY in Delivering Affordable Loan Options and Comprehensive Business Services to Small Businesses

Praxent is helping NEWITY transform from a loan purchaser and servicer to delivering a fully integrated technology platform that offers affordable loan options and back-office capabilities to small businesses, a dramatically underserved market. With Praxent’s design and development expertise, NEWITY’s user experience, functionality and integrations have all been significantly enhanced, better positioning the fintech for strong growth.

American Banker: Small Business Loan Servicer Pivots Away from PPP

NEWITY is now launching a nationwide small-dollar Small Business Administration 7(a) business. NEWITY, a company created to purchase and service Paycheck Protection Program loans, always knew it would have to pivot its business model once PPP activity began winding down.