Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  EDDELSON JENNIFER CATHERINE
 2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2011		 3. Issuer Name and Ticker or Trading Symbol
NEWTEK BUSINESS SERVICES, INC. [NEWT]
(Last)
(First)
(Middle)
60 HEMPSTEAD AVENUE, FLOOR 6		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Principal Financial Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WEST HEMPSTEAD, NY 11552		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares (vesting 07/2014) 50,000
D
 
Common Shares (held in 401k) 3,025
D
 
Common Shares 13,369
D
 
Common Shares (vesting 03/2016) 10,000
D
 
Common Shares held in 401k 578
I
held in spouse's 401k

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options 05/15/2010 05/15/2018 Qualified ISOs 20,000 $ 1.5 D  
Stock Options 12/21/2005 12/21/2015 Qualified ISOs 10,000 $ 1.57 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
EDDELSON JENNIFER CATHERINE
60 HEMPSTEAD AVENUE
FLOOR 6
WEST HEMPSTEAD, NY 11552		       Principal Financial Officer  

Signatures

Jennifer Eddelson 06/17/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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