Through the US Small Business Administrationâ s (SBA) first two quarters of 2012, TD Bankapproved $8.1 million in SBA loans to Vermont small businesses ‘making TD Bank the stateâ s current top SBA lender by dollar volume.
TD Bank leads a long list of Vermont SBA bank lenders, approving nine loans averaging $901,400 per loan to Vermont entrepreneurs since the beginning of the governmentâ s fiscal year (October 1, 2011).
â TD Bank is pleased to offer SBA programs that help Vermont small business owners focus on growth and the continued success of their business,’said Phil Daniels, Market President for Vermont and Upstate New York, TD Bank. Iâ m extremely proud of our local team of lenders who lead the way in providing the necessary financing to help entrepreneurs in our state.â
TD Bankâ s dedicated SBA team delivers competitively-priced, government-backed financing programs that help find the best financing solution for small businesses throughout Maine to Florida. As one of the top East Coast SBA lenders, TD Bank is consistently making steady increases in dollar and loan volume to applicants, while ushering in new SBA programs.
â TD Bankâ s objective is to support local entrepreneurs and provide financing that grows businesses and creates new jobs,’said Rich Bradshaw, Head of SBA Programs, TD Bank. â Weâ ll work with them to find the right loan product to meet their needs ‘with the goal of continuing to be the leading SBA bank lender in Vermont.â
TD Bank is also using social media to educate and converse with small business owners with the creation of informative videos about small business banking on YouTube (www.youtube.com/TDBankUS) and live weekly Twitterviews (Q&A). Each Friday, Small Business Banking experts will be available for live #smallbizfridays on Twitter @TDBank_US (www.twitter.com/TDBank_US) to answer questions and share tips and advice.
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., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,280 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized wealth management services through TD Wealth, and insurance products and services through TD Insurance, Inc. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. To learn more, find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS, on Twitter at www.twitter.com/TDBank_US, or visit www.tdbank.com.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America and one of the few banks in the world rated Aaa by Moody's. 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.
TDBURLINGTON, Vt.(May 7, 2012)