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Sources of Financing

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Bank of Montreal



Address

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55 Bloor St., 15th Floor
Toronto (Ontario)
Canada
M4W3N5
Telephone: (416) 927-5792
Fax: (416) 927-3006
E-mail: Victoria.Walzak@bmo.com
Website: http://www.bmo.com/business


For more information, contact: Margaret Hart

Languages of operation
  • English or French


Office Location(s)
  • Ontario : Toronto


General Description

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Bank of Montreal Group of Companies

Founded in 1817, Bank of Montreal is Canada's first Bank and one of the largest financial institutions in North America. It offers a full range of financial services accross Canada and in the United States, both directly and through Chicago-based subsidiary, Harris Bank.

With assets of $238 billion and more than 33,000 employees, the bank's diversified activities are
concentrated among three clients groups: retail banking, wealth management, and corporate and
investment banking.

In Canada and the United States, the Bank serves nearly seven million personal and commercial clients and offer services through multiple delivery channels including a strong retail network, ABMs and telephone, online and wireless banking access.

The Bank of Montreal Group of Companies includes wholly owned subsidiaries BMO Nesbitt Burns, providing both full service investing and global investment banking; BMO Harris Private Bank; BMO Harris InvestorLine, a direct brokerage with customers in Canada and the U.S., and Cebra, a digital commerce services provider.

Type of Financing
  • Conditional Sales Contract
  • Credit Card
  • Export Financing
  • Non-Residential Mortgage
  • Operating Loan
  • Quasi-Equity
  • Term Loan
  • Venture Capital
  • Working Capital


Eligible Regions
  • Canada (all regions, provinces and territories)


Small and Medium Sized Business Financing Products : Financing Services

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Eligible Sectors
  • Any Sectors


Target Group
  • All Groups


Stage of Business
  • All Businesses


Average Decision Turnaround
  • Less than 1 week


Size of Financing
  • $1,001 - $3,000
  • $3,001 - $5,000
  • $5,001 - $7,000
  • $7,001 - $10,000
  • $10,001 - $15,000
  • $15,001 - $20,000
  • $20,001 - $25,000
  • $25,001 - $50,000
  • $50,001 - $100,000
  • $100,001 - $250,000
  • $250,001 - $500,000
  • $500,001 - $750,000
  • $750,001 - $1,000,000
  • $1,000,001 - $5,000,000
  • $5,000,001 +


Term of Financing
Maximum: 300 month(s)




Charge on Assets

Description :
- Debenture
- Section 427 Security ( charge over inventory)
- Collateral mortgage
- General Security Agreement (fixed and/or floating charge)
- General assignment of book debts
- Other


Other Products and Services

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Other Products and Services
  • Information on commercial credit and non-credit products and services may be found on Bank of Montreal's web site. More information may be obtained directly from local Bank of Montreal branches.

    Commercial Credit Services include:

    - Venture Capital through Bank of Montreal Capital Corporation
    - Quasi-Equity through Bank of Montreal Capital Corporation
    - FirstBank® Commercial Overdraft Protection
    - Small Business Line of Credit
    - MasterCard BusinessCard
    - Occasional Overdraft Protection Service
    - Farm Improvement and Marketing Cooperatives Loans Act (FIMCLA)
    - FirstBank Operating Account
    - FirstBank Cash Management Account
    - Revolving Demand Loans
    - Import/Export Trade Products
    - Fixed Rate Term Loan
    - Equipment Financing
    - Loans under Canadian Small Business Financing Act
    - Commercial Mortgages
    - Farm Mortgages
    - U.S. Dollar Base Rate Loans
    - FirstBank Commercial Loan Insurance