Banking For Agriculture
We know your farm is more than just a business – it’s a way of life. We’ve supported the agriculture industry since 1817 with specialized bank accounts, customized lending, and competitive rates. Connect with a BMO Business Banking expert for personalized support.
We’re here to help you grow
We’ve got your agricultural needs covered, with a range of financial solutions for your agribusiness.
Business Financing for a greener future
Up to a 1% reduced rate on agribusiness sustainability projects footnote 1
Buy farm equipment and supplies
Expand your operation with a Farm Equipment ReadiLine or Agri ReadiLine
Manage debt and purchase land
Get competitive interest rates on a farm loan or mortgage
Get up to $10,000 in matching funds
Qualify for matching government funds with an AgriInvest bank account
Find the right banking solution for your agribusiness
AgriInvest Account
A savings account made specifically for farmers
Government-matching contributions
Qualify for up to $15,000 in matching funds as part of the federal AgriInvest Program
No fees, unlimited transactions
No monthly administrative fees, and get unlimited monthly transactions when you pair your AgriInvest account with another BMO account
Premium interest rates
Earn interest for every dollar you save and access your funds any time through online banking
Operating Line of Credit
Manage day-to-day cash flow
Agri ReadiLine
A mortgage-secured line of credit
Farm Equipment ReadiLine
A pre-arranged line of credit that's separate from your general operating line
Farm Mortgage
Flexible payment options and competitive rates
Canadian Agricultural Loans Act (CALA)
A federal government program for farmers and agricultural co-operatives offering loans up to $500,000
BMO Ascend World Elite®* Business Mastercard®*
Earn rewards on all your purchases and get the lowest interest rate of our business cards
BMO Blue Rewards World Elite®* Mastercard®*
Get the most out of every business purchase with a higher earn rate and Points multipliers
BMO CashBack® Business Mastercard®*
Get cash back for all the spend on your card
BMO Blue Rewards Business Mastercard®*
Turn your day-to-day business spending into Points you can use
Email money transfers
Send or request instant business payments within Canada with Interac e-Transfer
Wire payments
Send wire payments anywhere in the world securely, quickly and easily
Electronic Funds Transfers (EFT)
Automate domestic payables and receivables, with no need to visit a branch
BMO DepositEdge
Deposit checks 24/7 using a desktop scanner and get funds in your account quickly and securely
ADP® HR Payroll Management
Simplify your payday and automate Records of Employment, T4s and pay statements
Resources to help you grow your agribusiness
Establish your financial goals and track your progress as your operations mature.
Promote your agribusiness to new customers and markets.
Use this guide to help you craft a well-thought-out business plan.
Banking for Agriculture FAQs
BMO supports farmers and agriculture professionals with specialized bank accounts, customized lending, and competitive rates. Please reach out to a BMO Business Banking expert for more information on how we can support your agriculture banking needs.
We offer farm loans and mortgages with competitive lending rates. For more information on farm loans and mortgages, please reach out to a BMO Business Banking expert.
Manage your cash flow with features like email money transfers, wire payments, electronic fund transfers and BMO DepositEdge. We also offer ADP payroll services to make paying your employees simple and easy. Learn more about our cash management features, or consult a Business Banking expert for more information.
Visit our Business Resource Hub for tools, tips and templates to help your agribusiness succeed.
Connect with our agriculture banking experts in BMO Commercial Bank to find out how we can support your commercial farming operations.
We’re here to help
Come talk to us
Get personalized support in your area.
Footnote 1 details Contact a BMO relationship manager for details on applicable uses of loan proceeds.