TD Bank Business Banking

TD Bank Business Banking is the small business and commercial lending division of TD Bank, N.A., a subsidiary of Toronto-Dominion Bank, one of the largest banks in North America. TD Bank operates primarily in the eastern United States, with a strong presence in states from Maine to Florida along the East Coast.

TD Bank Business Banking offers a range of products for small business owners including business checking and savings accounts, business credit cards, business term loans, lines of credit, commercial real estate loans and SBA loans. TD Bank is an SBA preferred lender and participates in SBA 7(a) loan programs.

SBA loans are government-backed business loans that are partially guaranteed by the US Small Business Administration. This guarantee enables banks like TD Bank to offer longer repayment terms and more competitive financing terms than conventional loans for qualifying businesses. SBA loans require more documentation and a longer processing time than standard bank loans.

TD Bank also offers conventional business term loans and lines of credit for businesses that prefer a faster, simpler process. Its geographic presence is strongest in states like New Jersey, New York, Pennsylvania, Florida and other East Coast markets, making it most accessible for businesses in those areas.

TD Bank has positioned itself on customer service and accessibility, including extended banking hours at many locations. For small business owners on the East Coast who prefer to work with a full-service bank that has physical branch locations, TD Bank can be a practical option.

If you are considering TD Bank for business financing, compare its current terms against other banks, community lenders and SBA-preferred lenders in your area before making a final decision.