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TD Bank Expands Small Business Group to Serve More Communities

February 15, 2017, 07:14 AM
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Topic: Banking News

As the national economy continues to grow, demand is on the rise for loans and financial services to support small business development. In response to this need, TD Bank, America's Most Convenient Bank®, is significantly expanding its small business team with the addition of 50 to 75 small business specialists as an investment in the communities it serves and to work with more small businesses.

TD Bank is hiring for its growing small business team in key regions including New England; New York City; Philadelphia; New Jersey; metro Washington, D.C.; South Carolina; and Florida. These new small business specialists will focus on serving the lending and account needs of small businesses with less than $1 million in annual revenue and fewer than nine employees.

"Small businesses are incredibly important drivers of local economies and TD Bank is expanding its team to become better small business champions," said Jay DesMarteau, Head of Small Business Banking, TD Bank. "As a bank, we're invested in making a positive impact in the communities we serve, and enhancing how we help local small businesses is an important component of this."

Along with adding employees to its small business team, TD Bank continues to grow in Small Business Administration (SBA) lending. According to the 2016 SBA rankings, TD's SBA group is now ranked third by dollar volume in its Maine to Florida footprint and 15th nationwide. The bank also earned the distinction of being an SBA Diamond Award recipient in New Jersey for making the most loans in the state for the third year in a row.


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