Newtek Business Services Corp.’s Portfolio Company Hires Michael Breier as Vice President, ISO/Agent Sales Channel of Newt...
June 28 2021 - 10:34AM
Newtek Business Services Corp., (Nasdaq: NEWT), an internally
managed business development company (“BDC”), today announced that
Mr. Michael Breier has joined Newtek Merchant Solutions (“NMS”),
one of Newtek’s payment processing portfolio companies, as Vice
President, Independent Sales Organization (“ISO”)/Agent
Development.
Mr. Breier comes to NMS with over 15 years’ experience in the
merchant services industry, with an extensive background in ISO
management, business development and risk management. Most
recently, Mr. Breier was Vice President, Business Development at
Priority Payment Systems. Prior to Priority Payment Systems, Mr.
Breier was Director, Risk Management at Cynergy Data. Earlier in
his career, he held portfolio management positions at First Data
Corporation.
Mr. Breier is the fifth senior management addition to NMS since
the beginning of 2021. Previous additions to NMS include Mr. David
Simon as Chief Operating Officer, Mr. Andrew Jadatz as Senior Vice
President of Product Development, Mr. Shawn Ecksel as Senior Vice
President of Business Development, and Mr. James Corcoran as Vice
President of Operations.
Barry Sloane, President, Chairman and CEO of Newtek, said, “We
are pleased to have added yet another great talent to our senior
management team at NMS, especially in such a competitive
environment. As we look forward to further developing NMS’ ISO
Merchant Services Agent Program, we have enhanced our leadership
team to continuously improve this important sales channel. Mr.
Breier, with his vast experience at Priority Payment Systems,
Cynergy Data and First Data, is passionate about assisting our
alliance partners in growing our referral program. We expect
that with his depth and breadth of experience, Michael will ensure
that NMS’ ISO/Agent channel partnership will strive to be best in
class as the industry grows and changes. It remains our belief,
that Newtek and its portfolio companies possess the correct
strategy, product mix and method to outperform its competition in
the days, weeks and quarters ahead.”
About Newtek Business Services Corp.
Newtek Business Services Corp., Your Business Solutions
Company®, is an internally managed BDC, which along with its
controlled portfolio companies, provides a wide range of business
and financial solutions under the Newtek® brand to the small- and
medium-sized business (“SMB”) market. Since 1999, Newtek has
provided state-of-the-art, cost-efficient products and services and
efficient business strategies to SMB relationships across all 50
states to help them grow their sales, control their expenses and
reduce their risk.
Newtek’s and its portfolio companies’ products and services
include: Business Lending, SBA Lending Solutions, Electronic
Payment Processing, Technology Solutions (Cloud Computing, Data
Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts
Receivable Financing & Inventory Financing, Insurance
Solutions, Web Services, and Payroll and Benefits Solutions.
Newtek® and Your Business Solutions Company®,
are registered trademarks of Newtek Business Services Corp.
Note Regarding Forward Looking
Statements
This press release contains certain
forward-looking statements. Words such as “believes,” “intends,”
“expects,” “projects,” “anticipates,” “forecasts,” “goal” and
“future” or similar expressions are intended to identify
forward-looking statements. All forward-looking statements involve
a number of risks and uncertainties that could cause actual results
to differ materially from the plans, intentions and expectations
reflected in or suggested by the forward-looking statements. Such
risks and uncertainties include, among others, intensified
competition, operating problems and their impact on revenues and
profit margins, anticipated future business strategies and
financial performance, anticipated future number of customers,
business prospects, legislative developments and similar matters.
Risk factors, cautionary statements and other conditions, which
could cause Newtek’s actual results to differ from management’s
current expectations, are contained in Newtek’s filings with the
Securities and Exchange Commission and available through
http://www.sec.gov/. Newtek cautions you that
forward-looking statements are not guarantees of future performance
and that actual results or developments may differ materially from
those projected or implied in these statements.
SOURCE: Newtek Business Services Corp.
Investor Relations & Public
RelationsContact: Jayne Cavuoto Telephone: (212) 273-8179
/ jcavuoto@newtekone.com
NewtekOne (NASDAQ:NEWT)
Historical Stock Chart
From Mar 2024 to Apr 2024
NewtekOne (NASDAQ:NEWT)
Historical Stock Chart
From Apr 2023 to Apr 2024