Business Lending & Loans
We can help you get low rates on lines of credit, help you finance equipment and offer flexible loan options to get the money your business needs.
Business loans for a greener future. Enjoy a 0.5% reduced rate discount on sustainability projects. footnote 1
Flexible funding to support your business
Business Loans
Great for: Financing your business without using your savings
Amounts range from $10,000 to $1,000,000 footnote 2 footnote 4- Competitive, fixed interest rate with terms up to 10 years footnote 3
- Multiple options available for collateral
Business Lines of Credit
Great for: Accessing cash to accelerate growth or cover costs
- Amounts range from $10,000 to $1,000,000 footnote 2 footnote 4
- Variable interest rate, secured by any combination of business assets
- Simple application makes it easy to get a quick credit decision
Greener Future Financing
Great for: Financing projects that benefit your business and the environment
- New qualifying business term loans, business flex loans, owner-occupied commercial estate mortgage loans, and investor-owned real estate mortgage loans, ranging from $100,000 to $1,000,000 footnote 1
- Enjoy a 0.5% rate discount on a new qualifying loan and an additional 0.25% off when you set up automatic payments from a BMO business checking account footnote 1
- Loan proceeds must be used for an eligible purpose within program guidelines footnote 1
Business Flex Loans
Great for: Flexible financing that’s ready when you are
- Amounts range from $100,000 to $1,000,000 footnote 2 footnote 4
- Make large purchases, like equipment, with your financing already approved
- Initial draw period of 6 or 12 months, with no interest until you use funds
Great for: Longer terms and amortizations, lower down payments
- Apply for 7(a) Loans, 504 Loans, Express Loans and more footnote 2 footnote 5
- Get working capital, buy inventory, trade overseas, acquire or expand businesses
- Flexible terms to meet the unique needs of your small business
Business Real Estate Lending
Great for: Leveraging the value in your commercial property
- Amounts range from $100,000 to $1,000,000 footnote 2
- Acquire or refinance your owner-occupied commercial real estate
- Commercial Mortgages offer fixed rate, terms up to 10 years
Equipment Leasing
Great for: Leasing assets without the large upfront costs
- Secure up to 100% financing with terms from 2 to 5 years
- Lease equipment, vehicles, technology – even soft costs like maintenance and warranties footnote 7
- Lease payments may be tax-deductible as operating expenses footnote 6
Neighborhood Business Lending
Great for: Businesses helping strengthen and grow the communities they serve
- Geography-based specialty lending program that determines eligibility based on where a business operates or where the majority of its owners live. footnote 8
- Eligible geographies include low‑ and moderate‑income (LMI) communities, rural areas, and distressed or underserved middle‑income geographies. footnote 8
- Eligible businesses automatically receive a rate discount ranging from 0.25% to 0.50% on a new qualifying lending product. footnote 8
Specialty financing
Banking for Healthcare Practices
Learn moreBMO can help you get low rates on lines of credit and offer you flexible loan options to get the money you need for your practice purchase or remodel. Our experts are ready to offer personalized support nationwide.
Trucking financing
Learn moreAs one of the largest commercial truck finance companies in North America, our experts at BMO Transportation Finance are ready to help wherever you are in the U.S.
Business tools and calculators
Compare the results of different loan terms to find the best one for you.
Use our business loan calculator to find out what your loan payments could be.
Use our calculator to discover whether a line or loan is best for your needs.
Business tips and insights
What is a business credit score and how does it work?
Building and improving business credit takes time, and many factors are involved. Learn about what a business credit score is, and how to improve it.
How business loans work and the types you can apply for
With many types of business loans available, understanding each can be a challenge. Learn more about the different types and how business loans work.
Understanding SBA loans
From SBA loan requirements to application tips, learn all you need to know about SBA loans in this comprehensive guide to help you make informed decisions.
Take the next step toward better business banking
Let us contact you
We’ll reach out via phone or email, whichever you prefer.
Call us
Give us a call to apply or ask questions.
Visit us
Meet with a BMO Banker to talk about how we can help your business.
- Footnote 1 details Eligible applicant for the BMO Greener Future Financing Program must submit an application for a new qualifying business term loan, business flex loan, owner-occupied commercial real estate mortgage loan, and/or investor-owned real estate mortgage loan. For businesses with annual revenues of $10 million or less and total combined credit exposure at BMO including the current application request must be greater than $100,000 but cannot exceed $1,000,000, and must have a physical business presence (or in the instance where the business has no physical location, a mailing address for their headquarters) located in at least one of the following states: AZ, CA, CO, FL, ID, IL, IN, IA, KS, MI, MN, MO, NE, NV, NM, ND, OK, OR, SD, TX, UT, WA, WI, or WY. Businesses located in MI or TX must be within 100 miles of a BMO full-service retail branch. Loans are subject to credit approval. Applicants approved for Term Loan or a Flex Loan must have a BMO business checking account opened before loan closing. Receive an additional 0.25% off your loan rate when you set up automatic payments from a BMO business checking account at loan closing. Loan funds must be used for environmentally responsible projects. See a BMO Business Relationship Manager for a complete list of eligible purposes. Applicants will be required to self-attest that the loan funds will be used for an eligible loan purpose that helps to reduce greenhouse gas emissions from business operations, mitigates the physical impacts of climate change or promotes sustainability in their business operations. Offer is subject to change.
- Footnote 2 details Applicant total BMO credit exposure including the new application requested cannot exceed $1,000,000.
- Footnote 3 details For term loan amounts of $100,000 or less, a 7-year term and amortization is required.
- Footnote 4 details Applicants approved for a Line of Credit, Term Loan, or Flex Loan must have a BMO business checking account opened before loan closing.
- Footnote 5 details Small Business Administration financing is subject to SBA eligibility rules.
- Footnote 6 details This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.
- Footnote 7 details American Capital Financial Services, Inc., an authorized BMO third party service provider, offers leasing products and services independent of the Bank. American Capital Financial Services, Inc. is not affiliated with BMO, either by common ownership, management, control or otherwise. BMO makes no representations or warranties, either express or implied, of any kind with respect to any products and services made available or performed by third-party providers including, without limitation, those of merchantability and fitness for a particular purpose. Products and services made available by third-party providers are subject to the management and credit approval of such third-party providers. Please ask your BMO banker for information regarding American Capital Financial Services, Inc.
- Footnote 8 details For businesses with annual revenues of $10 million or less and total combined credit exposure at BMO of $1 million or less, that (i) are either a) physically located in an LMI census tract, Rural census tract, or Distressed or Underserved Middle-Income Geography census tract, or (b) at least 51% of owners in the aggregate reside in an LMI census tract, Rural census tract, or Distressed or Underserved Middle-Income Geography census tract, and (ii) have a physical presence (or if no physical location, a mailing address for their headquarters) located in at least one of the following states: AZ, CA, CO, FL, IL, IN, IA, MI**, MN, NV, NM, OR, TX**, UT, WA, WI (with the exception of Practice Finance and certain franchise loans, which may be made anywhere in the United States). Sole proprietors, general partnerships, and nonprofit corporations are eligible. **Businesses located in Michigan or Texas must be within 100 miles of a BMO full-service retail financial center.
- Qualifying credit products include all BMO Business Banking lending products except for credit cards.
- Final discounted rate, reflecting a discount ranging from 0.25% to 0.50%, will be determined at the time of credit approval.
- Cannot be combined with the Greener Future Financing rate discount.