TFG CARD SOLUTIONS AND NEWTEK BUSINESS SERVICES

Posted on 28. Jul, 2010 by Collections Recon in Collection News, Press Releases

PORTLAND OREGON– July 28, 2010 – TFG Card Solutions has announced a new partnership with Newtek BusinessServices, Inc. (NASDAQ:NEWT), to provide a variety of business and financial products and services to its client base.

Newtek is one of the premier providers of business services and financial products to small and medium-sized businesses throughout the United States. Since 1999, Newtek has helped business owners realize their potential by providing them with the essential tools they need to manage and grow their business. Newtek’s suite of business solutions provides business owners with the high-quality services and top-level customer care that has traditionally only been afforded by larger companies. Newtek’s services and solutions offered include: electronic payment processing, business lending, Ecommerce, merchant cash advance, accounts receivables financing, insurance services, web hosting, design and development, data storage and payroll services. Newtek is also a preferred lender under the national SBA 7(a) loan program.

“Newtek is a great fit for TFG. Our clients enjoy one-stop-shopping for many business needs that fit nicely with our Visa® debit cards for payroll. With strategic partnerships like Newtek, we have the ability to increase client productivity as well as everyone’s competitive edge,” said Thomas Secor, President of TFG Card Solutions, Inc.

Barry Sloane, CEO and Chairman for Newtek remarked, “We are excited about our new partner relationship with TFG Card Solutions. Today, businesses need top quality state-of-the-art services and need a single destination from a trusted advisor and an authority to obtain advice and services. We are welcoming the opportunity to work with TFG to provide that offering to its clients.

About Newtek Business Services, Inc.
Newtek Business Services, Inc. is a direct distributor of a wide range of business services and financial products to the small and medium-sized business market under the Newtek(TM) brand. Since 1999, Newtek has helped small and medium-sized business owners realize their potential by providing them with the essential tools needed to manage and grow their businesses and to compete effectively in today’s marketplace. Newtek provides one or more of its services to over 100,000 business accounts and has positioned the Newtek(TM) brand as a one-stop-shop provider of such business services. According to the U.S. Small Business Administration, there are over 29.6 million small businesses in the United States, which in total represent 99.7% of all employer firms. To learn more about Newtek Business Services, visit Newtek.

About TFG Card Solutions
TFG Card Solutions is the value leader in the payroll debit card market. TFG Card Solutions delivers the TFG Visa®
payroll debit card to unbanked workers in the United States through a direct relationship with their employers. TFG helps employers maximize direct deposit participation among every U.S. employee.
TFG Card Solutions was founded in 2004 by an experienced leadership team with a breadth and depth of expertise in human resources and financial services, as well as business-to-business relationship and consumer solutions management. Based in Portland, Oregon, TFG offers its payroll debit card program to employers looking to reduce their carbon footprint and streamline payroll operations. To learn more about TFG Card Solutions, please visit www.tfgcard.com

For more information and media inquiries, please contact:
Lisa Gardner, (503) 924-2420 x217
lisa.gardner@tfgcard.com
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Tags: Newtek Business Services, TFG Card Solutions