International lender TD Bank is lending a hand to help small businesses. The bank is committing $3 million as a part of a deal with the National Foundation for Credit Counseling to support financial education and counseling services for small business owners including startups. The deal with TD Bank will help the NFCC expand programs it started in 2016. It will also have two phases. One first phase of the counseling classes and programs will start in October.
“TD Bank is proud to partner with organizations like the NFCC that share our mission and expand our reach to educate, advise and empower small business owners,” Jay DesMarteau, Head of Commercial Bank Specialty Segments, TD Bank said in a statement. “We look forward to working together to bring the Sharpen Your Focus program to business owners nationwide.”
The program expansion for the NFCC will include increased capacity for member agencies to provide financial education and counseling to thousands of small business owners. The second phase of the NFCC’s financial education and counseling program funded by TD Bank, will establish a unique program designed to comprehensively assist small business owners as they transition from consumer financial products to business-related products and services. A customized curriculum will also be developed to further assist the NFCC’s initiatives.
“NFCC Members have always been dedicated to finding solutions for financial challenges of small business owners,” said NFCC president and CEO Susan C. Keating. ”TD’s financial support will allow members to do even more for this important segment of the population.”
For more information about the programs to help small businesses visit NFCC.Org.