Newtek Business Services completed the securitization and sale of an added $20.5 million of non-guaranteed portions of U.S. Small Business Administration (SBA) loans and said the forecast looks good for small business ABS in 2012.

The latest deal is an amendment to the securitization of $23 million in SBA loans that closed in December 2010. Guggenheim Securities  managed the sale of the additional trust notes. Standard and Poor’s rated the securitization trust Notes 'AA' based on the collateral in the entire, upsized pool.

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