By Marie Browning
Summit Bank announced the launching of a dedicated Small Business Administration (SBA) Division. The SBA Division is created to increase the Bank’s focus on facilitating the SBA 7(a) program to community businesses for business acquisition, expansion and real estate purchases. SBA Loan Administrator Ashley Horner will lead the new SBA Division.
“I am very passionate about the SBA 7(a) program and believe it will expand our ability to help these businesses be successful,” said Ms. Horner. She added that the Bank has a strong track record of giving finance solutions to small- and medium-sized businesses in the community. Ms. Horner has several years of experience strategically structuring and underwriting small business loans. Prior to Summit Bank, she served as Assistant Vice President, SBA Development and Business Loan Officer at SELCO Community Credit Union. She started her career at Summit Bank as Portfolio Manager, a position which she held for more than five years.
Ms. Horner is a native Oregonian. She earned her Bachelor’s degree in Business Administration with a concentration in Finance from the University of Portland.
About Summit Bank
Headquartered in Eugene, Oregon, Summit Bank is one of the region’s most successful community banks, specializing in providing high-level service to professionals and to medium-sized businesses and their owners. The company’s loan portfolio consists of home equity lines of credit, home equity term loans, overdraft protection lines of credit, and business lines of credit; and commercial real estate and construction, equipment, auto, boat, and RV loans. To learn more about Summit Bank, visit the website www.summitbankonline.com.