TD Bank is expanding its small business team to add 5 to 75 new specialists to invest more of its services into smaller companies. TD Bank is expanding in New York City, New England, metro Washington D.C., New Jersey, South Carolina and Florida. The specialists will offer lending and accounts services to small business with fewer than nine employees and less than $1m in yearly revenue. “Small businesses are the backbone of our economy – they create jobs for people across this country every single day,” said John Stumpf, Chairman & CEO of Wells Fargo Bank.
TD Bank is expanding its small business team to add 5 to 75 new specialists to invest more of its services into smaller companies. TD Bank is expanding in New York City, New England, metro Washington D.C., New Jersey, South Carolina and Florida. The specialists will offer lending and accounts services to small business with fewer than nine employees and less than $1m in yearly revenue. The bank’s Small Business Administration (SBA) was rated as third by dollar volume from Maine to Florida and ranking 15th nationwide in 2016.