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Wednesday, 01/18/2006 2:12:15 PM

Wednesday, January 18, 2006 2:12:15 PM

Post# of 174031
Newtek Business Services Signs Exclusive Agreement with National Physicians Care, Inc.
1/18/2006 1:45:48 PM










NEW YORK, Jan 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Newtek Business Services, Inc. (NKBS) (http://www.newtekbusinessservices.com), a provider of business services and financial products, today announced it and its operating companies have signed an exclusive agreement to provide an entire line of business and financial services to the cooperating members of National Physician Care, Inc. (http://www.nationalphysiciancare.com/newsite/) (NPC), an association of approximately 2,200 practices and 5,000 physicians.







Barry Sloane, CEO of Newtek Business Services, Inc., stated "National Physician Care represents an extremely important segment in the small business market. We welcome the opportunity to provide our comprehensive suite of financial product and business services to the approximately 5,000 participating doctors and practices across the country. By adding Newtek's suite of services to an existing array of services, NPC is a perfect fit for our business model. Our ability to receive and process, quickly and efficiently, applications for our services such as small business loans, credit card processing, business and personal insurance and data storage, using our state of the art proprietary software and systems makes this alliance a major win-win arrangement for both Newtek and the members of NPC."

Richard L. Miles, President of NPC said, "Newtek's commitment to customer service excellence, their unique referral and tracking system and their tailored financial services for small businesses are a great fit to serve our independent physicians and small group practices."




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