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BMO Bank of Montreal To Lend Additional $1b For SME’s In Canada

Invites entrepreneurs for advice on the options and clear choices for their financial needs

BMO Bank of Montreal is making a minimum of $1 billion available to lend to small- and medium-sized enterprises (SME) across Canada.

BMO has said that it has responded with BMO Business Essentials – banking solutions for three key business segments that offer clear and customizable options for payroll, cash management, payments, credit and investment services.

Gail Cocker, senior vice-president, commercial banking at BMO Bank of Montreal, said: “Our bank has been there for small business customers consistently – in good times and in challenging times. Whether it’s for money to invest or a better way to manage their cash flow, small and medium-sized business owners need a good banker – someone who listens, understands their unique needs and can advise them on the best solutions for their business. We’ll sit down with you, listen to you, and work hard to provide you with the advice you need to succeed.”