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Agri ReadiLine®
Agri ReadiLine provides a single convenient financing solution designed to handle all your farm credit needs allowing you to manage your own loan and credit requirements as you see fit.
Once approved for this pre-arranged line of credit1, it eliminates the need for you to apply for a loan each time you would like to buy additional farm property, major equipment, quota, renovate or expand your current buildings. It is secured by collateral charge over your farm property and makes it simple and cost-effective to do business.
The Details
- Ready access to funds without the need to reapply.
- With one mortgage-secured facility, you can access both a line of credit and a variety of loans.
- Interest can be fixed or floating with terms up to 10 years2 and amortization up to 25 years.
- Flexible repayment schedules are available.
Is there anything else I need to know?
The BMO Bank of Montreal Commercial Loan Insurance Plan is available to qualified borrowers.
The Next Step
To discuss further, contact us at:
1 877 262-5907
or visit your local BMO Bank of Montreal branch.
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