Newtek Business Services sold an additional $24.4 million of single-A rated securities backed by the non-guaranteed portions of its small-business loans from its small business loans trust.  

In a press release issued today, Newtek said the securitization is an addition to its March $20.9 million securitization deal, which was underwritten by Guggenheim Securitiesand placed with four institutional investors.  The securitization trust has completed approximately $63.8 million of non-guaranteed portions of small-business loans within the past 12 months. 

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