ITEM 2.02 Results of Operations and Financial Condition

On October 12 2008, Newtek Business Services, Inc. (the "Company") issued a press release entitled "Newtek Business Services Reports Third Quarter 2008 Financial Results." A copy of the press release is filed as Exhibit 99.1 to this Form 8-K.

The Company also posted a PowerPoint™ presentation dated November 12, 2008 on its website referenced in the press release entitled "Third Quarter 2008 Financial Results Conference Call." A copy of the PowerPoint™ presentation is filed as Exhibit 99.2 to this Form 8-K.

This Current Report, including the exhibits attached hereto, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

ITEM 9.01. Financial Statements and Exhibits

(c) Exhibits 99.1 Press Release dated November 12, 2008 issued by Newtek Business Services, Inc. entitled "Newtek Business Services Reports Third Quarter 2008 Financial Results." 99.2 PowerPoint™ presentation dated November 12, 2008 entitled "Third Quarter 2008 Financial Results Conference Call."

---