Newtek Business Services Corp CEO Interview Transcript

Nov 15, 2021

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Nov 15, 2021 / NTS GMT
Brad Thomas -

Everyone, this is Brad Thomas, and welcome back to The Ground Up. Today, we're back on early this morning with another CEO interview, and we're moving over to the BDC sector, or really, let's call it, the BDC/bank sector. Today, we have Barry Sloane with us. Barry is the CEO of Newtek Business services. That ticker symbol is NEWT. And Barry, it's good to see you today.

Barry Scott Sloane - Newtek Business Services Corp. - Chairman, President & CEO

Great. Great to be here. Thanks for having me.

Questions and Answers:

Brad Thomas -

You bet. Well, we spoke, I guess, last quarter. Of course, we read a pretty detailed article. I guess it was the second quarter. And now we're third quarter, and just hoping we can get an update on where you are, what's happened in the earnings.

And I guess, to start off, Barry. We discussed this last time we spoke about the conversion over to a bank holding company. How is that progressing? And do you have any time line for that?

Barry Scott Sloane -

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