BMO for Indigenous Entrepreneurs
To advance the economic empowerment of Indigenous businesses and communities, we provide financial products, services and advice that contribute to your success. We're committed to supporting and championing Indigenous-owned businesses to help you accelerate growth.
Building a path to growth and prosperity
Better access to capital
Get better access to working capital with expanded criteria and competitive interest rates. footnote 1
Better access to education
We help you achieve real financial progress in your business through practical tools, webinars and coaching.
Personalized service everywhere
Find personalized, flexible banking solutions whether you visit one of 13 designated Indigenous branches, business banking office or another BMO location.
Recognized partnerships
We’ve been awarded 7 consecutive gold level Partnership Accreditation in Indigenous Relations (PAIR) and maintain strong commitments to Indigenous customers, colleagues, and communities.
For personal banking solutions, check out exclusive offers for Indigenous customers.
Providing better access to working capital
Our program provides loans of up to $150,000 using specialized lending criteria footnote 1 for Indigenous entrepreneurs across Canada.
Business loans can be used for:
Capital investments such as equipment, leasehold improvements, property improvement and office equipment- Working capital, including inventory, payroll, lease payments, accounts management, rent and overhead costs
- Short-term accounts receivable financing
You are eligible to apply if:
- Your business is >50% majority-owned by an Indigenous entrepreneur
- You have annual revenue <$10 million
- You are a legal resident of Canada or a legal entity owned and controlled by a Canadian citizen or citizens
- Your business is a for-profit
Available both on and off reserve.
Financial solutions for your business
Whether your business is new, well established or expanding, get access to financing options, cash management solutions and investments strategies. We have custom solutions for:
- Indigenous communities, organizations and businesses: Get help with securing financing for significant projects including housing, infrastructure, health, education and economic development.
- Cash management: Save time and money with your payments and receivables with a range of services and tools.
- Our commitment to diverse suppliers: Help us grow our business relationships by providing products and services to BMO. Learn more about registering to become a BMO supplier.
Indigenous trusts
Establishing a trust allows Indigenous communities to secure and protect wealth acquired from land settlements and resource sharing agreements for the benefit of the community today and for generations to come. We offer:
- a full range of trustee, custodial and administrative services
- extensive experience in managing Indigenous trusts
- a highly experienced and passionate team dedicated to working with your community
- high level of customized service in cooperation with Indigenous communities that is transparent, accountable and responsive
- an appreciation of the traditions and values of First Nations, Métis and Inuit communities
Investments
Secure the future of your business and community with investment management services to help accumulate, protect and grow your financial assets. Our highly trained team of professionals employ a coordinated approach to fit your particular investment needs and risk preferences.
Have questions? That’s what we’re here for.
Find a branch
And talk to us about your business.
Come talk to us
Visit a branch to get expert insight and advice.
Email us
Connect with a program specialist.
Footnote 1 details Cannot be combined with other loan program discounts. Subject to meeting Bank of Montreal’s credit granting criteria.