Newtek Business Services, The Small Business Authority, announced the release of the SB Authority Index for February 2012 reaching 111.18 points. The SB Authority Index is up .71% from January 2012. The growth was led by Newtek's proprietary merchant processing volume and approved SBA lending volume.  The index, up 7.85% in the last twelve months, has now been on the rise for 28 consecutive months.

President and CEO, Barry Sloane said, "The index indicates continued and positive momentum at a moderate pace.  Consumer spending and personal consumption continue to lead the way and we will continue to wait for further signs of economic follow through."