News Summary

Lendistry, a tech-enabled small business lender, has received a $25 million investment commitment from the TD Community Development Corporation (TDCDC), a subsidiary of TD Bank. This investment, part of Lendistry’s Warehouse Capital Access Fund, is expected to facilitate up to $250 million in financing to over 1,600 small businesses across the U.S., especially those in undercapitalized communities. The partnership aims to disrupt predatory lending practices and support diverse entrepreneurs, including minorities and veterans. Lendistry, which has deployed over $10 billion in its first decade, is recognized as a key player in small business financing with multiple accolades. TDCDC’s investment aligns with its mission to promote economic development and community revitalization through strategic financial partnerships.