Back/First Internet Bancorp Appoints Austin Porter to Strengthen SBA Lending Team
USA·February 9, 2025·inbk

First Internet Bancorp Appoints Austin Porter to Strengthen SBA Lending Team

ED
Editorial
Cashu Finance·2 min read
TL;DR
  • First Internet Bank appointed Austin Porter as Vice President to enhance its top-ranking SBA Lending team.
  • The bank aims to provide essential capital to small businesses, emphasizing tailored financial solutions for diverse needs.
  • First Internet Bank manages approximately $5.7 billion in assets and offers a wide range of financial products.

First Internet Bank Strengthens SBA Lending Team with New Appointment

First Internet Bank announces the appointment of Austin Porter as Vice President and Business Development Officer, enhancing its Small Business Administration (SBA) Lending team, which ranks among the top 10 SBA 7(a) lenders nationwide. This strategic move comes as the bank seeks to bolster its capacity to provide essential capital to small businesses, a vital segment of the economy. Mark Gibson, Vice President and National SBA Sales Manager at First Internet Bank, emphasizes Porter’s significant role in this endeavor, highlighting that his expertise will prove instrumental in facilitating sustainable growth for small business partners.

Porter arrives at First Internet Bank with over six years of dedicated SBA experience, previously holding the position of Assistant Vice President and SBA Lending Officer at BayFirst National Bank. His background also includes tenure at Fountainhead Commercial Capital, where he developed a strong foundation in the nuances of SBA lending. With a Bachelor of Science in Finance from the University of Central Florida, Porter is well-equipped to navigate the complexities of small business financing. His addition to the team is not just a matter of expanding headcount; it reflects First Internet Bank’s commitment to offering tailored financial solutions that meet the diverse needs of small business clients.

As First Internet Bank continues to innovate within the branchless banking model, it remains focused on broadening its service offerings. The bank, which launched operations in 1999, now manages assets totaling approximately $5.7 billion as of December 31, 2024. By appointing Porter to its SBA Lending team, the bank signals its intent to deepen its support for small businesses, ultimately contributing to the economic vitality of communities across the nation. Porter himself expresses excitement about joining a robust team with a strong national footprint, ready to provide essential financing solutions to entrepreneurs.

In addition to its SBA lending services, First Internet Bank offers a comprehensive range of financial products, including consumer and small business deposits, loans, and treasury management services. The institution operates as a wholly-owned subsidiary of First Internet Bancorp and is a Member FDIC, reinforcing its commitment to safe and sound banking practices. For more information on First Internet Bank’s national SBA Lending platform, interested parties are encouraged to visit firstib.com.