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CrystalTech Introduces SMB Loan Service. 2005-02-03, HostMan.biz CrystalTech Web Hosting (crystaltech.com), a subsidiary of Newtek Business Services (newtekbusinessservices.com), announced this week that it has introduced CTFinance, a new service that offers loan services approved by the US Small Business Administration to small and medium-sized businesses. Existing and future CrystalTech customers who meet the loan qualifications are eligible. An online loan application is available on CrystalTech’s Web site. According to the company, loans range from $25,000 up to $2 million. "With the increasing emphasis on the small business market, it pays to have access to a full menu of services that cater to that market," says Tim Uzzanti, CEO of CrystalTech. "CrystalTech can go beyond offering simple Web hosting to small business owners. We have access to everything from electronic payment processing services and loans to outsourced digital bookkeeping and insurance thanks to our affiliation with Newtek, and have every intention of making those services available both to our existing customer base and future CrystalTech customer." The service is provided through a partnership with Newtek Small Business Finance, one of only 14 SBA-licensed national lenders.

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