This strategic acquisition solidifies B2B Bank’s position as a leader in the field of investment lending. With this transaction, B2B Bank’s portfolio of investment loans amounts to almost $5 billion.
The acquisition of this portfolio of loans confirms B2B Bank’s commitment to the advisor community and solidifies its leadership in the investment lending space.
With this acquisition, B2B Bank welcomes more than 5,000 new customers. The account conversion is expected to take place in the fall; until then, TD will continue to perform account administration services as usual.
Both B2B Bank and TD are committed to ensuring a smooth transfer of business with minimal disruption to clients.
