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Operating Needs

Loans and accounts to help maintain cashflow and cover operational expenses. The availability of the following products and services is subject to prior credit approval by the Bank.

Commercial Line of Credit (CLOC)
Easy access to credit for your business when you need it! The CLOC allows you to choose secured or unsecured borrowing. Limits from $5,000 to $100,000 on an unsecured CLOC*, and $25,000 to $250,000 for a secured CLOC* allow for flexibility. For your convenience, just write a cheque on your account or use your Commercial Line of Credit MasterCard®* where accepted.**

Operating Line of Credit (OLOC)
OLOC is a Line of Credit that can be attached to any business deposit account, and offers the convenience of an all-in-one account.

Farm Equipment Line of Credit
When it comes time to purchase new farm equipment, enjoy the financial freedom and flexibility a pre-arranged line of credit can bring.

Fixed Rate Operating Loans
Available in 30 to 364 day terms, Fixed Rate Operating Loans offer protection against short-term interest rate fluctuations.

Tradevenue®
You need documentary letters of credit for your importing activity. You want to save time and money organizing your documents for trade. BMO Bank of Montreal offers a flexible, customizable and up-to-date system to apply for letters of credit electronically.

US Loans

*Bank of Montreal’s usual credit granting criteria must be met.
** Subject to meeting MasterCard requirements.


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