Small Business

Whether you're just starting out or expanding your practice, we can help. TD Canada Trust offers the Banking Plan for Lawyers - a package of face-to-face and online banking solutions that combines fast and efficient service, longer branch hours, and our award-winning¹ internet banking services to help make it easier for you to reach your practice and personal goals.

• Dedicated Small Business Advisors
• Credit Lines of up to $250,000
• Business Loans with deferred payment options
• Credit Protection
• Business Chequing, Savings and Mixed Trust Accounts
• Credit cards
• Investment planning
• Real Estate Wire Payments Service (available to Ontario Lawyers only)

The TD Canada Trust Banking Plan for Lawyers offers:

BANKING SPECIALISTS

Dedicated Small Business Advisor

• A dedicated Small Business Advisor who understands your unique needs as a Lawyer, can save you time and help simplify your banking. As your practice grows and your needs change, your Advisor can act as a single point of contact to help ensure that your professional and personal banking needs are met.

FLEXIBLE FINANCING OPTIONS²

Business Line of Credit

• Get up to $250,000 at preferred rates to help finance your day-to-day operating costs and grow your business.

Business Loan

• Business Loan financing of up to 90% of the cost of furniture, leasehold improvements and equipment at preferred rates
• Principal payment deferrals up to 12 months while you start up or expand your practice, or for eligible family leave³
• No application or annual credit review fees

CREDIT PROTECTION

Business Credit Life Insurance⁴

• Protect your business with low-cost life and accident insurance coverage. Your life or the lives of those key to your business operation, including your spouse, may be insured for the full amount of your Total Authorized Business Credit Borrowings up to a maximum of $1,000,000⁵. If the insured amount exceeds the amount you owe under your Total Authorized Credit Borrowings, including interest, then we will pay the difference to your estate.
• You can apply for this insurance at any time and it requires no medical exam if you answer "no" to all the health questions and/or your Total Authorized Business Credit Borrowings is $500,000 or less.
• You can also increase your coverage by up to $25,000 each year⁶ without meeting any further qualifying conditions.

DAY-TO-DAY BANKING

Business Chequing, Savings and Mixed Trust Accounts

• Variety of Service Plans to meet your practice needs
• Convenient access through EasyWeb Internet Banking, EasyLine telephone banking and Green Machine ABMs
• Transfer funds between your business & personal accounts
• Service Plan monthly fees and related transaction charges for Mixed Trust Accounts are waived.⁷ Interest earned on your Mixed Trust Account balance is paid to your provincial Law Foundation.

TD Business Visa Card with Travel Rewards

• First year's annual fee waived on the TD Business Visa Card (up to a maximum of 10 cards) when you enroll in the optional TD Visa Travel Rewards Program.⁸
• Receive any available welcome TD Point bonus offers upon card approval and enrollment in the TD Visa Travel Rewards program (existing cardholders receive bonus points offerings program upon enrollment). Earn TD Points on everyday business purchases.⁹
• Receive monthly management reporting at no additional cost, to help simplify your recordkeeping

INVESTMENT PLANNING

TD Waterhouse Private Banking

• Take your wealth management, estate and tax planning needs to the next level with TD Waterhouse Private Client Services¹⁰ . Our goal is to help our high net worth clients and their families develop integrated and customized financial solutions throughout every stage of their life cycle.
• TD Waterhouse Private Client Services centres are staffed with top professionals from a number of wealth management disciplines. The Banking Plan for Lawyers offers a free initial consultation and 3 months of free Private Banking.¹¹

PAYMENT SOLUTIONS

Real Estate Wire Payments Service (available to Ontario Lawyers only)

• Save time and increase productivity by using our secure, online Real Estate Wire Payments Service. This affordable, easy to use solution is offered in conjunction with the new Teranet Closure service.¹² When you use the Real Estate Wire Payments Service and Teranet Closure service, you will have the ability to send and receive funds and manage your Ontario real estate closing funds electronically.
• Reduce courier costs and travel time expenses and pass those savings on to your clients for a greater competitive advantage.

¹ "Best Consumer Internet Bank in Canada" - Globe Finance Magazine, September 2006
² Subject to complying with TD Canada Trust lending policies and criteria.
³ Eligible Family leave means parental leave, or time away from work due to illness of lawyer or her/his spouse or children. Eligibility is determined solely by The Toronto-Dominion Bank.
⁴ Life coverage is provided by Sun Life Assurance Company of Canada and administered by TD Life Insurance Company. Accident coverage is provided by TD Life Insurance Company.
⁵ At TD Canada Trust.
⁶ Cannot be accumulated year to year.
⁷ Mixed Trust Accounts, however, are subject to all "Other Account-Related Fees", such as for Certified Cheques and Money Orders.
⁸ Yearly Program fee of $99 applies per year per Card enrolled in the TD Visa Travel Rewards Program ("Program"). Annual fee of $50 per Card waived in first year per Card enrolled in Program. All other fees and charges applicable to the Card continue to apply. Fees and features effective as of September 1, 2006 and subject to change.
⁹ Any bonus points will be applied to the new program member card upon approval. Bonus points offers cannot be used in conjunction with any other offer and may be changed, extended or withdrawn at any time without notice. TD Points are earned on purchases charged to the Card. Credit for returned items, refunds, rebates or similar credits will reduce or cancel the TD Points earned. Fees, cash advances, any service or interest charges, optional services, TD Visa Cheques, balance transfers, refunds, rebates or other similar credits do not earn TD Points.
¹⁰ TD Waterhouse Private Client Services and TD Bank Financial Group each mean The Toronto-Dominion Bank and its related companies that provide deposit, investment, loan, securities, trust and other products and services.
¹¹ TD Waterhouse Private Banking services are offered by The Toronto-Dominion Bank. Eligibility requirements will apply.
¹² Teranet is an independent third party company. TD Canada Trust and Teranet have a co-licensing relationship. Teranet is a registered trademark of Teranet Inc. Closure is a trademark of Teranet Enterprises Inc.