FinviloBMO
BMO Canada Small Business Financing Loan
A government-guaranteed loan for equipment, vehicles, leasehold improvements and commercial property.
Provider information link, not an application on this site.
Recorded fees, rates and features
Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.
- Equipment and leasehold financing
Up to CAD 500,000
Provider source- Commercial property financing
Up to CAD 1,000,000
Provider source- Government guarantee
85% guaranteed by the Government of Canada
Provider source- Amortization
Up to 15 years
Provider source- Rate type
Floating and fixed
Provider source- Repayment flexibility
Up to 6 months of interest-only payments in the first year
Provider source- Registration fee
One-time 2% federal registration fee, can be financed
Provider source- Eligibility
For-profit businesses in Canada with gross or projected revenue up to CAD 10 million; farms, holding corporations and trusts excluded
Provider source
Eligibility and provincial availability
- Provinces and territories
- Not confirmed
- Application requirements
- For-profit businesses in Canada with gross or projected revenue up to CAD 10 million; farms, holding corporations and trusts excluded
Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.
Is this a fit for you?
Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.
Cost of funding
Compare interest, origination charges, repayment deductions and the total cost.
Cash flow fit
Check repayment timing against your business income and seasonal changes.
Personal exposure
Ask about collateral, personal guarantees and what happens if payments are missed.
Do not treat a factor rate as an annual interest rate. Ask the provider to explain the repayment calculation.
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Sources and important limitations
Official provider information for BMO Canada Small Business Financing Loan
Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.