An SBA Preferred Lender is a bank that has earned delegated authority from the U.S. Small Business Administration (SBA) to approve and manage SBA loans in‑house, without SBA review at every step of the process. This designation is awarded to lenders with a proven track record of SBA lending experience, loan quality, and servicing expertise.
For small business owners, this typically means a faster, more streamlined loan process and fewer delays. First Internet Bank holds Preferred Lender status and is recognized as one of the nation’s leading SBA 7(a) lenders.