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TD Bank Ranks No. 1 in SBA Lending for 8th Straight Year

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TD Bank has maintained its position as the #1 SBA lender in its Maine-to-Florida footprint for the eighth consecutive year in fiscal year 2024. The bank approved 4,038 SBA 7(a) and 504 loans, totaling approximately $663 million. TD secured the top ranking in eight states for 7(a) loan units and achieved the #2 position nationally.

The bank excels in SBA financing for startup franchises, medical practices, business acquisitions, partner buyouts, and owner-occupied commercial real estate. TD's success is attributed to its personalized approach and commitment to supporting small business growth through expert financial management and trusted advisory services.

TD Bank ha mantenuto la sua posizione di primo prestatore SBA nella sua area che va dal Maine alla Florida per l'ottavo anno consecutivo nell'anno fiscale 2024. La banca ha approvato 4.038 prestiti SBA 7(a) e 504, per un totale di circa 663 milioni di dollari. TD ha raggiunto il primo posto in otto stati per unità di prestiti 7(a) e ha ottenuto la posizione n. 2 a livello nazionale.

La banca è eccellente nel finanziamento SBA per franchise emergenti, pratiche mediche, acquisizioni aziendali, buyout tra soci e immobili commerciali occupati dai proprietari. Il successo di TD è attribuito al suo approccio personalizzato e all'impegno nel sostenere la crescita delle piccole imprese attraverso una gestione finanziaria esperta e servizi di consulenza affidabili.

TD Bank ha mantenido su posición como el prestamista #1 de SBA en su área de Maine a Florida por octavo año consecutivo en el año fiscal 2024. El banco aprobó 4,038 préstamos SBA 7(a) y 504, por un total de aproximadamente $663 millones. TD logró el primer puesto en ocho estados en unidades de préstamos 7(a) y alcanzó la posición #2 a nivel nacional.

El banco sobresale en financiamiento SBA para franquicias nuevas, prácticas médicas, adquisiciones de negocios, compra de socios y bienes raíces comerciales ocupados por el propietario. El éxito de TD se atribuye a su enfoque personalizado y compromiso con el apoyo al crecimiento de pequeñas empresas a través de una gestión financiera experta y servicios de asesoría confiables.

TD Bank는 2024 회계연도에 메인에서 플로리다까지의 지역에서 8년 연속 SBA 대출 기관 1위를 유지했습니다. 이 은행은 4,038개의 SBA 7(a) 및 504 대출을 승인했으며, 총 금액은 약 6억 6천 3백만 달러에 달합니다. TD는 7(a) 대출 건수에서 8개 주에서 1위를 차지했으며, 전국적으로는 2위에 올랐습니다.

이 은행은 창업 프랜차이즈, 의료 실무, 사업 인수, 파트너 매수 및 소유자가 거주하는 상업용 부동산에 대한 SBA 금융에서 뛰어납니다. TD의 성공은 맞춤형 접근 방식과 전문 재무 관리 및 신뢰할 수 있는 자문 서비스를 통해 소규모 비즈니스 성장을 지원하려는 의지에 기인합니다.

TD Bank a maintenu sa position de prêteur SBA n°1 dans sa zone allant du Maine à la Floride pour la huitième année consécutive au cours de l'exercice 2024. La banque a approuvé 4 038 prêts SBA 7(a) et 504, pour un total d'environ 663 millions de dollars. TD a obtenu la première place dans huit États pour les unités de prêts 7(a) et a atteint la position n°2 au niveau national.

La banque excelle dans le financement SBA pour les franchises émergentes, les pratiques médicales, les acquisitions d'entreprises, les rachats de partenaires et l'immobilier commercial occupé par le propriétaire. Le succès de TD est attribué à son approche personnalisée et à son engagement à soutenir la croissance des petites entreprises grâce à une gestion financière experte et à des services de conseil fiables.

TD Bank hat im Geschäftsjahr 2024 seine Position als #1 SBA-Kreditgeber im Bereich von Maine bis Florida für das achte Jahr in Folge gehalten. Die Bank genehmigte 4.038 SBA 7(a) und 504 Kredite in Höhe von insgesamt etwa 663 Millionen Dollar. TD sicherte sich den ersten Platz in acht Bundesstaaten bei 7(a) Kreditzahlen und erreichte den #2 Platz im nationalen Vergleich.

Die Bank ist in der SBA-Finanzierung für Startup-Franchises, medizinische Praxen, Unternehmensübernahmen, Partnerankäufe und von Eigentümern genutzte Gewerbeimmobilien führend. Der Erfolg von TD wird auf den persönlichen Ansatz und das Engagement zurückgeführt, das Wachstum kleiner Unternehmen durch erfahrenes Finanzmanagement und vertrauenswürdige Beratungsdienste zu unterstützen.

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TD is Top SBA lender in Maine-to-Florida footprint; #2 ranked SBA lender nationally

CHERRY HILL, N.J.--(BUSINESS WIRE)-- TD, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the eighth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2024 fiscal year. TD was also awarded No. 1 rankings in eight states for 7(a) loan units – Eastern Pennsylvania, Florida, Maine, New Hampshire, New Jersey, New York, South Carolina and Washington, D.C. – and is ranked the #2 SBA lender nationwide.

In the SBA's 2024 fiscal year (Oct. 1, 2023 – Sept. 30, 2024), TD Bank lent approximately $663 million and approved a total of 4,038 SBA 7(a) and 504 loans combined.

“Entrepreneur needs are changing, and TD’s sustained SBA ranking demonstrates our continued commitment and ability to position ourselves as a local and trusted advisor to small business owners,” said Tom Pretty, Head of SBA Lending at TD Bank. “We are very proud of the personalized approach we bring to our small business programs, working side-by-side with customers and empowering them to expand on growth opportunities and create a runway for their future.”

Relationship Banking at its Best

TD Bank has consistently leveraged its SBA lending expertise to drive meaningful economic impact, working with businesses of all sizes and stages. TD's commitment to partnership is integral to its success. TD continues to be a leader in SBA financing for startup franchises, startup medical practices, business acquisitions, partner buyouts, and owner-occupied commercial real estate.

“Our mission is to enable small businesses to focus on growth and innovation, while we expertly manage the complexities of financing,” said Amy Dinkar-Patel, Head of Treasury Management and Commercial & Small Business Products and Solutions at TD Bank. “At TD, we pride ourselves on being the number one lender of choice for small businesses who bank with us. We look forward to continuing this legacy of leadership in SBA lending, empowering entrepreneurs to achieve their dreams.”

“A huge congratulations to the Small Business team for once again earning the achievement of top SBA lender from Maine to Florida. This distinction underscores our commitment to strengthening the communities we live and work in,” said Pretty. “I look forward to continuing to work alongside the team to ensure we deliver financing solutions that truly support the long-term success of these businesses.”

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S. by assets, providing over 10 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial 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, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Instagram at www.instagram.com/TDBank_US/.

TD Bank is a subsidiary of The Toronto-Dominion Bank, a top 10 North American bank. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.

Media:

Madison Brock

TD Bank

Corporate Communications Manager II

Madison.Brock@td.com

Source: TD Bank

FAQ

How many SBA loans did TD Bank approve in fiscal year 2024?

TD Bank approved 4,038 SBA 7(a) and 504 loans combined in fiscal year 2024.

What was TD Bank's total SBA lending amount in 2024?

TD Bank lent approximately $663 million in SBA loans during fiscal year 2024.

In which states did TD Bank rank #1 for SBA 7(a) loans in 2024?

TD Bank ranked #1 in Eastern Pennsylvania, Florida, Maine, New Hampshire, New Jersey, New York, South Carolina, and Washington, D.C.

How long has TD Bank been the top SBA lender in its Maine-to-Florida footprint?

TD Bank has been the top SBA lender in its Maine-to-Florida footprint for eight consecutive years.

What types of SBA financing does TD Bank specialize in?

TD Bank specializes in SBA financing for startup franchises, startup medical practices, business acquisitions, partner buyouts, and owner-occupied commercial real estate.

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