BMO Variable-Rate Term Loan

Amount:

no fixed amount

Type:

Loan

Description:

The Variable-Rate Term Loan from BMO allows businesses to save money when interest rates decrease. It also provides the flexibility to switch to a fixed rate at any time.

Comments on Funding:

Funding takes the form of a loan, with flexible repayment options and amortization period.

Deadline:

Rolling deadline

Eligibility:

Applicants must be seeking financing to start or grow their small businesses.

Application Steps:

For details, applicants must call BMO at 1-877-262-5907.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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