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News Stories (67 Results) - TD Bank

TD Bank has promoted Gary Barr to New Hampshire Commercial Market President. In this role, Barr will oversee all community and small business lending and drive growth for TD's commercial portfolio across the Granite State.Barr has more than 30 years... Read Story
October 04, 2019, 08:45 AM


TD Bank has named Steve C. Webb as Regional President for Southern New England (SNE). Webb will lead the SNE Metro commercial and retail banking teams in Massachusetts, Rhode Island, Upstate New York and Connecticut. "Steve's leadership and strategic... Read Story
August 29, 2019, 08:50 AM


When it comes to preparing for the future, U.S. businesses are acting with caution. Although 83 percent of respondents have a positive outlook on the economy, more than half (58 percent) are preparing for an economic downturn, according to a newly... Read Story
June 27, 2019, 08:55 AM


TD Bank has named Sheryl L. McQuade Regional President for Northern New England, covering Maine, Vermont and New Hampshire.In this role, McQuade will lead TD Bank's Northern New England retail, small business, commercial and middle-market banking... Read Story
June 27, 2019, 08:50 AM


TD Bank announced that it executed a $23.4 million credit facility for a direct purchase of a tax exempt bond for The Governor’s Academy in Byfield, Massachusetts.The funds will be used to refinance three series of existing debt, facilitate swap... Read Story
May 29, 2019, 08:35 AM


Timbercreek Financial Corp. entered into an amendment to increase its credit facility by $60 million, and extend the terms of the facility for an additional year. The facility is provided by a syndicate of lenders, with the Toronto-Dominion Bank... Read Story
November 26, 2018, 07:05 AM


TD Bank has named Gene Van Vort as Managing Director of New Business Development in Asset Based Lending. Based in Boston, he is responsible for delivering ABL financing solutions from $20 million to over $1 billion to new and existing clients... Read Story
June 18, 2018, 07:11 AM


TD Bank has named John J. Lim as Senior Vice President, Business Development Officer in Asset Based Lending. Based in New York City, he is responsible for delivering ABL financing solutions to new and existing middle market and mid corporate clients... Read Story
March 26, 2018, 07:06 AM


Corporate financial professionals are bullish about the economy and their own companies for 2018, according to a survey released today by Strategic Treasurer and TD Bank. Bank professionals, who were also polled in the survey, are even more... Read Story
March 23, 2018, 08:00 AM


TD Bank has named James P. Gaspo as Regional Vice President, Commercial Banking for the Greater Capital Region of New York. Based in Albany, he will lead a team of commercial banking professionals serving the needs of businesses across Upstate New... Read Story
December 08, 2017, 08:21 AM


TD Bank has appointed Ted Hopkinson as Head of U.S. Corporate and Specialty Banking, reporting to TD Bank Chief Operating Officer Greg Braca.  Based in Philadelphia, Pa., Hopkinson directs the U.S. strategy for Corporate Banking, in partnership with... Read Story
March 01, 2017, 07:26 AM


TD Bank has appointed Christopher Giamo Head of Regional Commercial Bank.  Based in Cherry Hill, New Jersey, and New York, New York, Giamo has U.S. accountability for small business, middle market and commercial lending; government banking; treasury... Read Story
January 04, 2017, 07:48 AM


Pulse Seismic Inc. has extended its revolving credit facility for an additional year. The new maturity date of the facility is February 13, 2020. The facility's available borrowing amount remains at $30.0 million. Up to $5.0 million of the revolving... Read Story
December 14, 2016, 07:12 AM


TD Bank Group announced that Mike Pedersen, President and Chief Executive Officer of TD Bank, has informed the Bank of his intention to retire in the summer of 2017. TD has named Greg Braca, current Head of Corporate and Specialty Banking, as Chief... Read Story
October 28, 2016, 07:53 AM


CIT Group announced that CIT Franchise Finance added four sales professionals to its Mid-Cap Restaurant Franchise Finance group.“These new members of our sales team bring long-standing experience in the restaurant industry as well as exceptional... Read Story
September 22, 2016, 07:29 AM


Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, today announced that it has completed a $1.8 billion five-year revolving syndicated credit facility with 24 financial institutions that will expire in June 2021 and can be... Read Story
June 20, 2016, 07:48 AM


Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its... Read Story
June 20, 2016, 07:36 AM


TD Bank has named Steven E. Datkuliak as Vice President, Senior Relationship Manager in Commercial Banking, based in Gainesville, FL. He will provide financing, treasury and banking solutions to commercial clients in Gainesville, Lake City and High... Read Story
June 20, 2016, 07:28 AM


Blue Hills Bank has hired bankers A. Keith Broyles and Yvonne Kizner to lead its new Asset-Based Lending initiative. Formerly senior vice president and first vice president, respectively, at First Niagara Commercial Finance, Broyles and Kizner join... Read Story
March 24, 2016, 07:59 AM


Blue Harvest Fisheries announced the acquisition of seven Massachusetts-based scallop vessels and related shoreside assets from Harbor Blue Seafood, Inc. and related affiliates (“HBS” or “Harbor Blue”). Blue Harvest now owns 15 scallop vessels and... Read Story
March 21, 2016, 07:46 AM


Texas Capital Bank announced it has hired Brian Frank to expand its Franchise Finance platform on a national scale. The bank is already active in the space, primarily in Texas, and Frank will lead a new initiative to develop relationships with both... Read Story
March 17, 2016, 08:03 AM


Cervus Equipment Corp. has entered into an amended and extended revolving credit facility with its existing syndicate of underwriters led by The Toronto-Dominion Bank and including Canadian Imperial Bank of Commerce and Wells Fargo.  The principal... Read Story
December 22, 2015, 07:13 AM


Higher interest rates will not upend growth, but reflect the underlying strength of the U.S. economy according to a report released today by TD Economics, an affiliate of TD Bank."With domestic spending and job creation running well above trend, the... Read Story
December 18, 2015, 07:28 AM


A new survey from TD Bank reveals chief financial officers (CFOs) plan to significantly increase their company's capital spending in 2016, as the economic outlook remains positive despite forecasts of an interest rate increase and uncertainty in... Read Story
November 17, 2015, 07:50 AM


Reuters reported that Toronto-Dominion Bank has begun laying off staff in Canada and the United States as part of a company-wide initiative to cut costs, according to two sources familiar with the matter.According to the Reuters report, TD, Canada’s... Read Story
October 19, 2015, 08:06 AM


Healthcare continues to be a burgeoning and ever-changing business in the United States, creating demand for products and services from equipment investments to practice acquisitions. To support the growing needs of small and mid-size practices, TD... Read Story
October 16, 2015, 07:58 AM


Santander Bank, N.A. has appointed JohnPaul Nuzzo as vice president and relationship manager in the Bank’s Asset-Based Lending group. His responsibilities include originating and managing asset-based credit facilities for new and existing... Read Story
September 25, 2015, 07:39 AM


H&R Block, Inc. announced its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement. JPMorgan Chase Bank, N.A. acted as the administrative agent, and Bank of America, N.A., SunTrust... Read Story
September 22, 2015, 07:39 AM


Peapack-Gladstone Financial and Peapack-Gladstone Bank announce the appointment of Frank H. D'Alto to the position of Senior Managing Director, Commercial Banking. D'Alto will be responsible for further growth of the commercial middle-market lending... Read Story
August 04, 2015, 07:39 AM


First Niagara Financial Group, Inc. named Jeff L. Hubbard to serve as New England Regional President, leading the company's New Haven-based team of bankers across Connecticut and Massachusetts.Hubbard joins First Niagara from TD Bank, N.A., where he... Read Story
June 19, 2015, 07:28 AM


Bloomberg reported that Wells Fargo & Co. and Toronto-Dominion Bank are exploring offers for a batch of U.S. commercial-lending businesses General Electric Co. is selling as whittles down its finance arm.According to the Bloomberg story, Capital One... Read Story
June 12, 2015, 07:45 AM


Macro Enterprises Inc. has entered into a commitment letter with The Toronto-Dominion Bank ("TD Bank") for the provision of $115 million in new senior secured credit facilities. TD Bank has committed to structure and arrange the new credit facilities... Read Story
May 26, 2015, 08:08 AM


MTBC, a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, announced that on March 6, 2015 its revolving line of credit with TD Bank, N.A. was increased from $1.215 million to $3.0 million... Read Story
March 16, 2015, 07:00 AM


Community Housing Capital (CHC), a community development financial institution (CDFI) and national community development lender, announced today a $5 million investment from TD Bank. This three-year credit facility will support CHC’s lending... Read Story
February 23, 2015, 07:17 AM


TD Bank has promoted Christopher L. Rallo to Senior Relationship Manager in the Commercial Banking, based in Wilton, Conn. He is responsible for managing and growing a large and diverse portfolio of commercial lending, commercial real estate and... Read Story
October 16, 2014, 07:09 AM


The American economy is showing renewed vigor and is poised for a pickup in growth, according to a report released today by TD Economics, an affiliate of TD Bank."Job growth is gaining speed and confidence is rising," says TD Chief Economist, Craig... Read Story
September 26, 2014, 07:37 AM


Varagon is an independent firm, backed by American International Group, Inc. and by certain partners and affiliates of Oak Hill Capital Management (Oak Hill), and launches with an initial $1.5 billion investment commitment from AIG.For investors... Read Story
June 12, 2014, 07:53 AM


Sun National Bank has grown its commercial lending team to expand its focus in Central New Jersey.  The bank has appointed Patrick Farrell Senior Vice President and Regional Manager to lead the new territory.  Steven Forleiter has been named Senior... Read Story
June 11, 2014, 07:35 AM


Firestone Financial Corp. a leader in equipment financing, signed a $225 million, multi-year revolving credit facility at the end of last year; this is an increase from the prior facility of $125 Million. The bank group is led by RBS Citizens, N.A.... Read Story
June 02, 2014, 07:48 AM


A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle-market and large corporate finance executives. According to TD Bank's fourth Annual CFO Survey, nearly 60% of respondents are optimistic about... Read Story
May 08, 2014, 07:20 AM


TD Bank has named Elana Reiter as Vice President, Senior Lender in New York City. She is responsible for working with middle market companies throughout the NY Metro area to create customized banking solutions, including structuring loans to help... Read Story
April 24, 2014, 06:54 AM


Photronics, Inc., a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, has entered into a new five-year revolving credit facility with its existing lenders in the amount of $50 million, with an... Read Story
December 06, 2013, 07:55 AM


Taiga Building Products has renewed its senior secured revolving credit facility (the "Facility") with a syndicate of lenders led by JPMorgan Chase Bank and including the Bank of Montreal, HSBC Bank, PNC Bank, Bank of Nova Scotia and TD Bank. The... Read Story
November 26, 2013, 11:28 AM


TD Bank has promoted Craig A. Pasko to Senior Vice President in Middle Market Lending for Central New Jersey. Based in Piscataway, he is responsible for developing commercial banking relationships with middle-market companies across the Central and... Read Story
November 15, 2013, 07:35 AM


A new national survey from TD Bank reveals that middle-market and corporate CFOs are more confident about both their organizations' ability to manage financial risk and the financial prospects for their companies, indicating the potential for... Read Story
November 07, 2013, 07:24 AM


TD Bank provided a $13.5 million loan to Mountain Area Health Education Center (MAHEC) to support operations of its newly completed Asheville Biltmore campus. The loan carries a 20-year term and was completed by TD Bank’s local commercial banking... Read Story
October 10, 2013, 07:54 AM


The recovery in the economy will continue to show improvement over the next year, despite the recent rise in interest rates, according to a new report by TD Economics, an affiliate of TD Bank, America's Most Convenient Bank."The U.S. economy has... Read Story
September 26, 2013, 07:46 AM


TD Bank has named Vicki A. Woodard as Vice President, Senior Loan Officer in New England Healthcare Finance in Boston where she is responsible for growing and managing a portfolio of highly valued healthcare clients throughout Massachusetts.... Read Story
September 03, 2013, 07:53 AM


Sun National Bank has named Imran Riaz Chief Credit Officer and Senior Vice President. Riaz will lead Sun's credit team and oversee the asset quality of the company's loan portfolio, which includes underwriting, credit, special assets, loan... Read Story
August 27, 2013, 07:40 AM


Siena Lending Group announced the hiring of Steve Fuscaldo as director of new business originations.  With close to 30 years of asset based lending experience, Fuscaldo adds to the senior credit talent at Siena, while broadening its origination... Read Story
July 26, 2013, 07:56 AM


RTI Biologics Inc., a leading provider of orthopedic and other biologic implants, announced today that it has completed the acquisition of Pioneer Surgical Technology.RTI previously announced plans to acquire all of the outstanding stock of Pioneer... Read Story
July 16, 2013, 03:08 PM


Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and first responders on the federal, state and local levels, announced the completion of financing transactions that... Read Story
July 02, 2013, 08:06 AM


BlueLinx Holdings, a leading distributor of building products in North America, has entered into an amendment to its U.S. revolving credit agreement that increases the amount of its credit facility to $447.5 million from $422.5 million.Under terms of... Read Story
June 28, 2013, 08:06 AM


Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion... Read Story
June 21, 2013, 07:51 AM


RTI Biologics Inc. (RTI), a leading provider of orthopedic and other biologic implants, announced its intent to acquire privately held Pioneer Surgical Technology (Pioneer), headquartered in Marquette, MI. Pioneer is a leading medical technology... Read Story
June 12, 2013, 07:37 AM


Small business loan approvals improved to an all-time index high of 16.8% at big banks, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. Lending approvals jumped in April after... Read Story
May 10, 2013, 07:31 AM


Farmington Bank announced the appointment of Michael T. Schweighoffer to the newly-created position of Executive Vice President, Chief Lending Officer; and the promotion of Catherine M. Burns to Executive Vice President, Chief Risk Officer."Michael... Read Story
May 06, 2013, 07:27 AM


Student Transportation Inc. and its subsidiaries announced today it has signed a new five year amended agreement with its senior lenders to extend the current bank credit facility agreement to February 2018. The company was in the second year of a... Read Story
March 05, 2013, 07:22 AM


Reuters reported that CIT Group had preliminary talks over the past year and a half to sell itself to banks, including Toronto-Dominion Bank and Wells Fargo & Co, but nothing came of the conversations, according to three people familiar with the... Read Story
February 11, 2013, 07:52 AM


A new national survey from TD Bank reveals that both middle-market and corporate CFOs are optimistic for macroeconomic and business growth at a level unseen since the height of the Great Recession. Nearly half (46%) of finance managers polled said... Read Story
February 07, 2013, 07:39 AM


The main obstacle standing in the path of faster U.S. economic growth is a strong headwind blowing in from fiscal restraint, according to a report released today by TD Economics, an affiliate of TD Bank. "Without fiscal drag, the U.S. economy would... Read Story
December 14, 2012, 08:04 AM


TD Bank has appointed two executives to senior regional leadership roles in the company’s growing Healthcare Banking group. Emmet Conlon, senior vice president, Healthcare Leader for New York, has been named head of Healthcare North, overseeing TD’s... Read Story
November 27, 2012, 07:37 AM


Resource America extended the maturity of its $7.5 million revolving credit facility with TD Bank to December 31, 2014 from August 31, 2013 and eliminated the 6% interest rate floor. Borrowings under the facility will be at either (i) the prime rate... Read Story
November 20, 2012, 08:04 AM


International Speedway amended and restated its $300 million revolving credit facility provided by multiple lenders. The amendment provides better terms and extends the final maturity of the facility from November 2015 to November 2017. The facility... Read Story
November 19, 2012, 07:32 AM


TD Economics, an affiliate of TD Bank, released a special report crediting the revival of the U.S. manufacturing sector as a key driver in the economic recovery, largely due to a slowdown in offshoring activity. This slowdown has kept in the U.S.... Read Story
October 16, 2012, 06:31 AM


The U.S. economy is on the right track to faster growth, but obstacles will slow progress over the next year, according to a report released today by TD Economics , an affiliate of TD Bank."The U.S. economy is healing from the scars of the Great... Read Story
September 19, 2012, 06:00 AM


TD Bank Asset-Based Lending Group has provided $39 million in financing to support the acquisition of Albert Tire Company by Bennett Capital Partners and an unnamed private investment firm. The credit facilities consist of a $35 million revolver and... Read Story
September 17, 2012, 08:00 AM