NetBank Introduces Revolving Lines of Credit for Small Businesses; Online Banking Pioneer Works with Wall Financial Services, LLC. to Offer Working Capital Lines of Credit for Small Businesses

"We're working to add the types of products and services ourcustomers have told us they need," said Bert Davis, director of smallbusiness banking, NetBank. "Lines of credit are often crucialfinancing sources for a small business. This new program provides avery cost-effective solution, providing attractive financing forworking capital and for business expansion."

Additionally, the administration of accounts receivable isfrequently a challenging task for the small business. Management oftenfinds it necessary to spend frequent amounts of time in this areainstead of focusing on their business. By combining a revolving lineof credit with a user-friendly, Web-based receivables managementsystem, the business should be able to significantly reduce accountsreceivable administration costs, thereby maximizing profits.

Typical candidates for this product include establishedmanufacturers, wholesalers, or other B2B business owners with a needfor working capital.

NetBank's credit products also include two business credit cards:the no annual-fee MBNA Platinum Plus(R) for Business card and the MBNAPlatinum Plus(R) Business Rewards card. In addition to traditionaldeposit products, NetBank also offers small businesses Internet-basedpayroll and tax filing services through a partnership with CompuPay;equipment financing services; merchant and payment processingservices, and online bill payment (including 10 free payments permonth). NetBank's internet banking platform provides superiorfunctionality, including the ability for a business owner to delegate,online, varying levels of authority for access by subordinates tocompany account information at NetBank.

About NetBank, Inc.

NetBank, Inc. (Nasdaq: NTBK) operates with a revolutionarybusiness model through a diverse group of complementary financialservices businesses that leverage technology for more efficient andcost effective delivery of services. Its primary areas of operationinclude personal and small business banking, retail and wholesalemortgage lending, and transaction processing.

For more information, please visit www.netbankinc.com.