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NEWITY LLC Reviews 

243
TrustScore 4.5 out of 5

4.6

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Review summary

Created with AI, based on recent reviews

Evaluating 156 reviews, reviewers overwhelmingly had a great experience with this company. Customers consistently praise the company's service, highlighting their dedication and guidance throughout the process. The staff and customer service are frequently commended for being responsive, knowledgeable, and helpful. Many people found the overall user experience to be easy, fast, and smooth, often securing funding quickly. However, some customers experienced slower processing times for their loans. A few other people also felt that communication was inconsistent, with slow responses, a lack of updates, or conflicting information.

What people talk about most

Service

People report positive experiences with service, highlighting that the process was smooth, professional, and... See more

Staff

Reviewers mention positive feedback about staff, highlighting their professionalism, helpfulness, and support... See more

User experience

Clients share positive opinions on user experience, consistently describing the process as smooth, easy, and... See more

Response time

Reviewers highlight positive aspects of response time, with many customers appreciating timely and quick... See more

Customer service

Customers had positive experiences with customer service, highlighting the helpfulness and efficiency of the... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Newity cares. If you’re serious about getting an SBA loan, they will work with you every step of the way it only took us 30 days to get approved and funded because of their hard work and dedication. P... See more

Rated 5 out of 5 stars

Good morning. I want to thank everyone that made it possible. I want to congratulate Nathalie for her calm spirit, persistence and patience l. I was overwhelmed with too many calls but the first time... See more

Rated 5 out of 5 stars

Newity term kept at it even though our government was shut down for more than a month. Once government reopened, we picked up where we left off and took us to the finish line of helping small busi... See more

Company replied

Rated 5 out of 5 stars

They guided my company through the SBA loan process with clarity, patience, and consistent communication. Every step of the way, their team was available to answer questions and make sure nothing fel... See more


Company details

  1. #63 of 86 best companies in Loan Agency
  2. #100 of 176 best companies in Alternative Financial Service
  3. #153 of 252 best companies in Business to Business Service
  4. #60 of 110 best companies in Financial Institution
  5. #161 of 251 best companies in Non-Bank Financial Service

About NEWITY LLC

Written by the company

NEWITY is a leading facilitator of SBA 7(a) loans, dedicated to helping small businesses access the capital they need to thrive. With a streamlined process, NEWITY enables businesses to receive funding 3x faster than the national average. Since its inception, NEWITY has assisted over 125,000 businesses in securing more than $11.8 billion in capital.

NEWITY provides access to SBA 7(a) loans up to $350,000 that have lower interest rates and higher approval rates. NEWITY's platform simplifies the application process, allowing businesses to focus on their growth and operations. The company's commitment to efficiency and customer service ensures that clients receive the support they need throughout the process.

NEWITY's mission is to help American entrepreneurs access the funds they need to thrive by simplifying access to affordable capital. To see how much you qualify to receive, create a NEWITY account and submit the simple prescreen application. The process takes less than 10 minutes and does not impact your credit score, so you can apply with confidence.

Get started by visiting newitymarket.com to create your account - you may be eligible to receive more than you think!

NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.

Contact info

4.6

Excellent

TrustScore 4.5 out of 5

243 reviews

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1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 80% of negative reviews

Typically takes over 1 month to reply

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4.6

All reviews

(243)

155 reviews in the last 12 months

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Rated 5 out of 5 stars

Mi experiencia con Newity fue…

Mi experiencia con Newity fue excelente, mientras mi banco no quiso colaborar conmigo esta comoañida me facilito y ayudo con el capital que mi negocio necesitaba para crecer. Para la comunidad Hispana, siento Honesta los recomiendo 100% tuve mis dudas al principio porque cuestión de valla a perder mi information, pero son 100% confiables y recomendable. Obtuve mi prestamos un % de interés bajo y pago bajo y me aprobaron más de lo que solicite. Los recomiendo 100% y no me están pagando por invitarte a aplicar sin temor soy nacional de PR, pero actualmente recibo en PA.

Personas que me ayudaron en el proceso Brandon Gales, Keith Harris

My experience with Newity was excellent. While my bank didn't want to work with me, this partnership made it easier and helped me with the capital my business needed to grow. For the Hispanic community, I honestly recommend them 100%. I had my doubts at first because I was worried I'd lose my information, but they are 100% reliable and recommendable. I got my loan at a low interest rate and low payment, and they approved more than I requested. I recommend them 100%, and they aren't paying me for inviting you. I'm a native of Puerto Rico, but I currently receive loans in Pennsylvania.

People who helped me throughout the process: Brandon Gales, Keith Harris

July 10, 2025
Rated 5 out of 5 stars

Our Loan Rep Saved the Day!

I really appreciate my loan rep Allen Zhou and everything he did to help us through the loan process. We would not have been able to close the loan had it not been for his help organizing and compiling all the forms and records we needed for the underwriters. Thanks to Allen we have the funds to push our company forward!

July 11, 2025
Rated 4 out of 5 stars

this was very frustrating

We did get funded, but it seems like it would have been a lot easier for everyone if I had a list of what was needed and then sent it in. What did happen was something was requested and sent in, then something else, then something else.

June 30, 2025
NEWITY LLC logo

Reply from NEWITY LLC

Hi Pamela, we're happy we were able to help your business get the funding it needed and appreciate your honesty regarding your experience with documentation. We're always looking for ways to improve our process and will take this into consideration. Thank you again and we wish you great success with your newly acquired funds.

Rated 1 out of 5 stars

They dont know what they are doing

I worked with this organization for eight months on an SBA loan. After submitting countless documents and going through what seemed like an endless process, the loan was finally approved and moved to closing. That’s when things fell apart.

Three weeks into closing, they kept asking for more information—details the underwriter should have addressed earlier. Then they discovered an old UCC filing that had somehow been missed entirely. As a result, the loan was suddenly denied at the final stage.

If the loan was already approved, why wasn’t the UCC thoroughly checked beforehand?

The communication was also incredibly poor. There were long stretches—sometimes weeks or even months—where no one responded to emails or provided updates. When the loan was ultimately denied, instead of a call, I received a flood of generic apology emails from different people, promising better staff training and wishing me luck.

Overall, this was an exhausting and disappointing experience. The process felt disorganized and unprofessional, and it was clear that several people involved didn’t fully understand what they were doing. I would not recommend this organization to anyone seeking reliable, transparent lending processes. The worst thing there is no phone calls its all emails. The other thing is they just vanish for.weeks and months, no communications nothing.

July 7, 2025
Unprompted review
NEWITY LLC logo

Reply from NEWITY LLC

Sindhu, we appreciate you sharing your experience. Unfortunately, it seems the long pause between your applications resulted in qualification changes over that period that altered your eligibility beyond NEWITY’s control. Our head of credit and underwriting has reached out to you to directly hear about your experience, answer any questions, and offer support. We hope you are able to secure funding for your business so you can continue to grow.

Rated 5 out of 5 stars

One of the best lenders I’ve ever…

One of the best lenders I’ve ever worked with. They were quick, they updated me every step of the way, extremely patient and kind all across the board!!

June 23, 2025
NEWITY LLC logo

Reply from NEWITY LLC

Hi Joselande, thank you so much for the 5-star feedback! We're happy to help you through the process and hope to work with you again in the future.

Rated 4 out of 5 stars

Clear and straightforward

For the most part, the process was very clear and simple. There were some back and forth questions during underwriting, which is to be expected. We're very clean on our records management so it wasn't really an issue for us. There was a delay at the very end of the process right before funding with a lack of responsiveness (some questions went days without a reply or at least acknowledgement). Other than that, it was a smooth experience.

June 16, 2025
Rated 1 out of 5 stars

Poor communication

Poor communication

November 4, 2024
NEWITY LLC logo

Reply from NEWITY LLC

Hi Alfred, thank you for taking the time to share your feedback. We're sorry to hear that our communication didn't meet your expectations; clear and timely updates are a priority for us. A senior team member will reach out to you directly to better understand your experience and understand how we can do better moving forward.

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