Tops U.S. Small Business Administration 7(a) lending list for 9th year in a row in its Maine-to-Florida footprint, reinforcing its commitment to helping entrepreneurs grow with access to working capital
TD, America's Most Convenient Bank®, announced today that it ranked No. 1 for the ninth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2025 fiscal year. For SBA 7(a) loan units, TD Bank also secured No. 1 rankings in Maine, New Hampshire, New York, New Jersey, South Carolina, South Florida and Vermont and is ranked the No. 5 SBA lender nationwide.
In the SBA's 2025 fiscal year (Oct. 1, 2024 – Sept. 30, 2025), TD Bank lent approximately $486 million and approved a total of 3,412 SBA 7(a) loans in its Maine-to-Florida footprint.
"At TD Bank, we're proud to work side-by-side with small business owners to ensure they have access to personalized financing solutions that allow them to grow with confidence," said Tom Pretty, Head of SBA Lending at TD Bank. "As SBA loan programs evolve, we understand the trust our customers place in us as we help them navigate the shifting macro-economic climate and position their business for lasting success."
Providing Capital with Counsel
TD Bank continues to leverage its SBA lending expertise to drive meaningful economic impact both nationally and in its local communities. TD's commitment to partnership and education around business finance and SBA loans is integral to its small business banking strategy. The bank is a leader in SBA financing for startup franchises, startup medical practices, business acquisitions, partner buyouts and owner-occupied commercial real estate.
"Small businesses are the backbone of our economy, driving innovation, creating jobs and positively impacting the communities they serve," said Chris Ward, Head of U.S. Small Business Banking at TD Bank. "Continuing to earn this number one spot as an SBA lender on the East Coast reflects the trust that TD customers place in us to help them navigate the complexities of financing and securing the capital they need to start, sustain, grow and thrive. We are proud to support small business owners and help turn their visions into lasting success."
"TD Bank's SBA expertise and long-standing relationship with Ferrara made all the difference when we needed capital to expand operations to support demand," said Gabrielle Ferrara, Chief Operating Officer of Ferrara Manufacturing in Long Island City, NY. Ferrera Manufacturing is a TD customer whose expansion centered on acquiring and renovating a new, 50,000-square-foot manufacturing facility in Long Island City and TD Bank's status as an SBA Preferred Lender and expertise in SBA loans became critical to realizing the company's ambitions. Ferrara added that "having TD Bank's support was essential; we really couldn't have done it without them. Their team's deep knowledge of SBA loans helped us navigate the entire process, all while we had to focus on keeping operations going."
"Supporting entrepreneurs is essential to building resilient communities and driving broad-based economic growth," added Pretty. "We're proud to see a significant increase in TD's SBA loans to a diverse set of businesses and this momentum shows that the opportunities for small businesses continue to expand. Our team stands ready to help them."
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 approximately 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 Mount Laurel, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251104510330/en/
Media Contact:
Oindrila Hazra
TD Bank
Corporate Communications Manager II - Commercial & Small Business Banking
[email protected]