UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
September
11, 2006 (September 8, 2006)
Date
of
Report (date of Earliest Event Reported)
NEWTEK
BUSINESS SERVICES, INC.
(Exact
Name of Company as Specified in its Charter)
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NEW
YORK
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001-16123
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11-3504638
|
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(State
or Other Jurisdiction of
Incorporation
or Organization)
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(Commission
File No.)
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(I.R.S.
Employer Identification No.)
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462
Seventh Avenue, 14th
floor,
New York, NY 10018
(Address
of principal executive offices and zip code)
(212)
356-9500
(Company’s
telephone number, including area code)
NEWTEK
CAPITAL, INC.
(Former
name or former address, if changed from last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Forward-Looking
Statements
Statements
in this Current Report on Form 8-K (including the exhibits), including
statements regarding Newtek’s beliefs, expectations, intentions or strategies
for the future, may be "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. All forward-looking statements involve a number
of risks and uncertainties that could cause actual results to differ materially
from the plans, intentions and expectations reflected in or suggested by the
forward-looking statements. Such risks and uncertainties include, among others,
intensified
competition, operating problems and their impact on revenues and profit margins,
anticipated future business strategies and financial performance, anticipated
future number of customers, business prospects, legislative developments and
similar matters.
Risk
factors, cautionary statements and other conditions which could cause Newtek’s
actual results to differ from management's current expectations are contained
in
Newtek’s filings with the Securities and Exchange Commission. Fusion
undertakes no obligation to update any forward-looking statement to reflect
events or circumstances that may arise after the date of this
filing.
ITEM
8.01 Other
Events.
On
September 8, 2006, Newtek Business Services, Inc. issued a press release
entitled “Liberty Media Acquires BuySeasons Investment.” A copy of the press
release is filed as Exhibit 99.1 to this Form 8-K.
On
September 8, 2006, Newtek Business Services, Inc. purchased 3% of the equity
of
Universal Processing Services of Wisconsin (“UPS Wisconsin”) from Tracy A.
Schmidt, President and Chief Operating Officer of UPS Wisconsin, for a
purchase prices of $1,250,000, payable $750,000 in cash and $500,000 in
restricted shares of Newtek Business Services, Inc. With this acquisition,
Newtek Business Services, Inc. now owns 97% of the equity on a fully diluted
basis of UPS Wisconsin which provides electronic payment processing
solutions.
ITEM
9.01. Financial Statements and Exhibits
| |
99.1
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Press
Release issued by Newtek Business Services, Inc., dated September
8, 2006,
entitled “Liberty Media Acquires BuySeasons
Investment.”
|
SIGNATURES
In
accordance with the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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NEWTEK
BUSINESS SERVICES, INC. |
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|
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| Date:
September 11 , 2006 |
By: |
/s/ Barry
Sloane |
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Barry
Sloane |
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Chairman
of the Board, Chief Executive Officer,
Secretary |
EXHIBIT
INDEX
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EXHIBIT
NUMBER
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|
DESCRIPTION
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99.1
|
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Press
Release issued by Newtek Business Services, Inc., dated September
8, 2006,
entitled “Liberty Media Acquires BuySeasons
Investment.”
|
| |
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