Cherry Hill, NJ, November 17, 2022 /PRNewswire/ — TD, America’s Most Convenient Bank®, announced the number one ranking today.Ranked No. 1 for the total number of SBA loans it approves for the sixth consecutive year maine-to-Florida SBA’s FY2022 footprint. TD Bank is also the #2 SBA lender in the nation.
In SBA’s FY 2022 (October January 2021 – September 30, 2022), TD outperformed the competition, lending approximately $313 million, with 2,134 SBA 7(a) and 504 loans approved.
“We’re proud to be a leader in serving small businesses and committed to serving the needs of these entrepreneurs who are the backbone of the local economy,” said Chris Giamo, head of business banking at TD Bank. There has been improvement, but small businesses continue to face challenges, and SBA loans are a critical part of meeting credit needs.”
This milestone for TD Bank is something to be proud of, and it directly aligns with our goal of enriching the lives of our customers and our communities.
“We’re very proud of our small business program,” he said Amy Dinka-Patel, Head of Commercial Distribution, TD Bank. “The work we do with our small business clients helps drive local economies and ensures the communities we serve continue to thrive.”
In addition to earning the top spot in its trail, TD also took second place. 1 ranking in four states—— new hampshire, New Jersey, south carolina and Florida.
“Congratulations to the Small Business team on these great honors,” he said tom pretty, Director of SBA Lending at TD Bank. “While we’re not doing this to take credit, it’s great that we try to support small businesses maine to Florida is being recognized. “
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the top 10 banks in the United States, offering a full range of retail, small business and commercial banking products and services to more than 9.8 million customers at more than 1,100 convenient locations throughout the Northeast, Midlands – Atlantic, Metro DC, Carolinas and Florida. Additionally, TD Auto Finance, a division of TD Bank, NA, provides auto financing and dealership business services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, NJ To learn more, please visit www.td.com/us. Find TD Bank on Facebook atwww.facebook.com/TDBankon twitterwww.twitter.com/TDBank_USand www.twitter.com/TDNews_US.
TD Bank, America’s Most Convenient Bank, is a member of the TD Bank Group and the Toronto-Dominion Bank of Canada TorontoA top 10 financial services company North America. TD Bank in Toronto New York and toronto A stock exchange with the ticker symbol “TD”.To learn more, please visitwww.td.com/us.
SOURCE TD Bank