BMO Business Xpress now available to farms

Faster and easier capital is promised

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Tending to a farm can demand around-the-clock attention. To help, BMO has made its leading small business lending platform, BMO Business Xpress, available to customers operating in the agriculture sector to allow them to obtain capital more quickly and conveniently.

Agriculture customers will benefit from the following:

  • Added flexibility for agriculture customers of being able to access capital at their farm or home without ever having to visit a branch, with the help of BMO Agriculture Managers.
  • Data analytics technology that takes into account the specific needs, complexities and risks of farm loans.
  • Significantly reduced approval time for agriculture loans, down from roughly a week to now less than a day.

BMO Business Xpress is currently available to agriculture customers in Ontario. The solution will be rolled out to agriculture customers nationally this spring.