Best LLC Loans for 2022

Business owners can apply for traditional term loans and lines of credit, Small Business Administration (SBA) loans, and other products such as credit cards and checking accounts through TD Bank.

TD Bank offers business loans ranging from $10,000 to $1,000,000 for terms of one to five years. If you would like to access lines of credit, we offer lines of credit ranging from $25,000 to $500,000. Additionally, TD Bank is an SBA-approved lender. So through the bank he can apply for SBA. SBA loans typically have loan amounts up to $5 million and terms up to 25 years.

The company also stands out for healthcare professionals, offering unique financing options for dentists, veterinarians, physicians, and eye care professionals. For example, we offer partnership buy-ins and buyouts, equipment purchases, and mergers and acquisitions practices, as well as financing solutions of up to $12 million in 100% practice financing and working capital.

Note: You can apply online for loans up to $100,000, but you must apply in person for loans over $100,000. TD Bank has branches in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia and Washington, DC.

Eligibility: To be eligible, applicants must have a personal credit score of 660 or higher. Their business should be at least he has been in business for over a year. In general, TD Bank is more difficult to qualify as compared to the non-bank online lenders on this list.

turnaround time: TD Bank approves business loans and lines of credit on the same day, but it may take up to two business days to receive the funds. SBA loans, on the other hand, can take several weeks to be funded.

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