TD Bank Earns No. 1 Small Business Administration Lender for 6th Straight Year

CHERRY HILL, NJ, Nov. 17, 2022 – TD, America’s Most Practical Bank®, introduced currently that it ranked No. 1 for the sixth consecutive calendar year in overall amount of accredited U.S. Tiny Business Administration (SBA) financial loans in its Maine-to-Florida footprint for the SBA’s 2022 fiscal year. TD Bank is also the #2 ranked SBA loan company nationwide.

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In the SBA’s 2022 fiscal calendar year (Oct. 1, 2021 – Sept. 30, 2022), TD outperformed the competition, lending roughly $313 million and approving a complete of 2,134 SBA 7(a) and 504 loans put together.

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“We are proud to be a leader in serving Small Businesses and are committed to meeting the requires of these business owners, who provide as the backbone of the nearby economy,” mentioned Chris Giamo, Head of Industrial Banking, TD Bank. “While we have found improvement in excess of the previous two years, problems continue to continue to be for modest enterprises and SBA financial loans are a vital piece in conference credit desires.”

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This milestone for TD Lender is a issue of pride and is specifically aligned with our objective to enrich the life of our customers and communities.

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“We are extremely happy of our compact business applications,” reported Amy Dinkar-Patel, Head of Business Distribution, TD Lender. “The perform we do with our tiny business buyers allows travel local economies and ensures the communities we serve carry on to prosper.”

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In addition to earning the leading place throughout its footprint, TD accomplished No. 1 rankings in four states – New Hampshire, New Jersey, South Carolina and Florida.

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“Congratulations to the Small Enterprise staff for earning these terrific honors,” explained Tom Rather, Head of SBA Lending, TD Bank. “When we never do this for the accolades, it is really terrific that our tricky function to assist tiny businesses from Maine to Florida is being recognized.”

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About TD Bank, America’s Most Hassle-free Bank®

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TD Financial institution, America’s Most Hassle-free Bank, is one of the 10 greatest banking institutions in the U.S., offering over 9.8 million clients with a entire array of retail, tiny enterprise and professional banking goods and expert services at much more than 1,100 hassle-free places all over the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Car Finance, a division of TD Financial institution, N.A., offers vehicle financing and dealer business companies. TD Lender and its subsidiaries also offer custom-made personal banking and prosperity management expert services through TD Wealth®. TD Lender is headquartered in Cherry Hill, N.J. To discover extra, visit www.td.com/us. Obtain TD Financial institution on Fb at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.     

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TD Financial institution, America’s Most Easy Lender, is a member of TD Financial institution Team and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 fiscal companies firm in North The usa. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges beneath the ticker image “TD”. To study additional, visit www.td.com/us. 

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Media Get in touch with:

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Steven Bates
TD Bank
Company Communications Manager
609-634-1207
[email protected]

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Maria Flores

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