First Internet Bank Expands SBA Lending Team with New Senior Business Development Officer

FISCHER, Ind.–(BUSINESS WIRE)–First Internet Bank today announced the addition of Paul DePasquale to its Small Business Administration (SBA) Lending Team as Vice President, Senior Business Development Officer. The move further demonstrates the bank’s commitment to small businesses across the country.

“We are pleased to welcome Paul to our expanding SBA credit team,” said Mark Gibson, vice president, national SBA sales manager. “He has a proven track record of working with clients to design tailored financial solutions that meet their specific business needs while ensuring the delivery of a positive SBA loan experience.”

Paul noted, “Small business owners often face the challenge of securing the funding they need to thrive. First Internet Bank has assembled a very experienced and talented team. I am excited to be part of the effort to help grow our local economy.”

Mr. DePasquale brings extensive knowledge of restaurant and franchise acquisition loans. His background in business and real estate brokerage coupled with his ability to oversee the lending process from start to finish will benefit a wide variety of clients.

Most recently, he served as Vice President, SBA Specialist for Gulf Coast Small Business Lending. Previous employers include Florida First Capital Finance Corporation and Wells Fargo Bank. Paul is a graduate of the Rochester Institute of Technology.

About First Internet Bank

The first internet bank opened in 1999, pioneering the branchless delivery of banking services. With assets of $4.1 billion as of June 30, 2022, the bank provides consumer and small business deposits, consumer loans, home mortgages and specialty financial services nationwide. The bank also offers commercial real estate lending, commercial and industrial lending, SBA financing, and treasury management services. For more information about the bank, including its products and services, visit www.firstib.com. The bank is a wholly owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a member of the FDIC.

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