CALGARY, October 13,
2009 – BMO
Bank of Montreal today announced it is making a minimum of $1 billion
available to lend to small- and medium-sized enterprises (SME) across
Canada.
The new money earmarked for
entrepreneurs reflects BMO’s confidence
in the resilience of Canada’s small and medium-sized businesses.
“Our bank has been there for small business customers consistently – in
good times and in challenging times,” said Gail Cocker, BMO’s
Senior Vice-President, Commercial Banking.
BMO Bank of Montreal holds 20 per cent market share in Canadian business
banking.
“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,“ said Ms. Cocker.
This is especially true today. Canadian entrepreneurs need thoughtful
advice, clear choices and the best banking options to help make their
business more productive.
BMO 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.
BMO has developed the expertise, products and services to reflect the
diverse range of business types in the marketplace, including:
- Business professionals
- Farming and
dairy
- Franchising
- Insurance brokers
- Medical doctors
and dentists
“We’ll sit down with you, listen to you, and work hard to
provide you with the advice you need to succeed,” promised Ms.
Cocker.
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