Bank of Montreal Credit Cards with Premium Rewards and Exclusive Offers

Customers are offered plenty of choice, from commercial mortgages and business loans to specialized banking, accounts, and credit cards. The bank features different types of cards, including premium, standard, student, and others.

BMO offers a selection of rewards credit cards “” with added benefits, including rewards miles, travel services, trip accident assistance, and others. Bank consumers have access to limited time offers and use their points toward events and tickets, digital downloads, and merchandise. There is a selection of items in categories such as experiences, hobbies, green products, and others. The BMO World Elite MasterCard is one option for bank customers, and points can be used toward accommodation, flights, and more.  The card features no markups, points toward investments, travel discounts, and other benefits. Customers benefit from optional features such as roadside assistance, winching, extrication, battery replacement, and more. This card is ideal for frequent travel, whether abroad or at home, and points can be used toward airfare, including fees and charges.

Customers can choose from different offers and options, including cards with student, travel, and retail discounts and low-interest choices. There are consumer cards with exclusive discounts on travel, dining, fashion accessories, and more. Prepaid cards are available to customers with tarnished credit and go with low fees. This card can be used as a standard card but payments are not reported. The bank also offers popular credit cards such as the BMO Air Miles and World Elite MasterCard. Student cards feature generous discounts and points toward travel, gifts, merchandise, and theatre tickets. Individual customers can choose from an array of university, professional, and other cards. Specialty cards support charitable and other organizations, including the Juvenile Diabetes Research Foundation and Dental Hygienists Association.

There are cards that support research societies and institutes and health causes. One option for customers is the Juvenile Diabetes Research Foundation card which features free user cards, medical protection, and annual rebates. With affinity cards, a small percentage goes toward charitable causes.

Customers of BMO are offered business lines of credit, business cards, and other products. Several types of business cards are available, including preferred rate, U.S. dollar, cashback, and airmiles cards. Customers choose from different MasterCard options with exclusive earn rates, roadside assistance, rebates, and more.

Multi-family Real Estate Loans

Banks, credit unions, non-bank lenders, and governments offer small business loans. Borrowers can choose from different financial solutions such as commercial and business term loans, cash flow finance, business loans and lines of credit, and others.

Alternative Arrangements

Business owners are also offered credit cards, lines of credit, equipment financing, equipment sale-lease backs, and other financing solutions. New business owners can choose from bank and buyer financing. Business acquisition loans help companies to purchase existing businesses.

Types of Financing

Applicants for business funding can choose from disaster and real estate loans, micro-loans, and others. In addition to loans under government programs, credit unions and big and small banks offer different financial solutions. Secured and unsecured loans differ when it comes to interest rates, repayment periods, and collateral. Financial institutions accept different assets as collateral, including real estate and natural reserves. A good credit score is the main requirement for an unsecured loan. Businesses are offered land and subdivision development, equipment and vehicle, and other loans. Traditional lenders such as brick-and-mortar banks usually offer debt financing. Banks also provide real estate loans to construct or purchase industrial, retail, and apartment buildings. Financial institutions also offer permanent and owner-occupied financing. Lenders also provide micro-loans to businesses that are looking for funds to expand or start an enterprise. Businesses can use the funds to buy equipment, fixtures, furniture, and supplies. The loan cannot be used to buy real estate holdings and land. Funding is also available in the form of short-term loans with a borrowing limit of up to $35,000. In general, the funds can go toward expansion, operation, and acquisition.

How to Apply

Banks require documents such as licenses and business certificates, loan application forms, and others. Business owners must submit documents such as financial statements, bank statements, business plans, resumes, and income tax returns. Most financial institutions require that borrowers present their personal and business financial statements, along with their cash flow projections and income statements. Bring your cash flow statements, corporate resolution, and proof of non-business income. If you are applying together with a cosigner, you need to present recent paystubs. Legal documents to submit include commercial leases, franchise agreements, and others. Some banks also require that applicants submit copies of contracts and business registrations. You may want to explain whether you will use the funds for business expansion, product development, or your current near term expenses.

Secured and Unsecured Loans from Private Lenders

Whether applying for an equipment or real estate loan, government financing offers attractive terms. Governments also offer microloan programs to non-for-profits and small businesses. Businesses also use microloans to purchase supplies and inventory and for working capital. With some loans, collateral may be required, but not all assets are acceptable. There are different types of […]

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Interest Rates and Terms of Auto Financing

Financial institutions advertise auto loans with affordable monthly payments, flexible repayment terms, and competitive interest rates. The terms vary depending on different factors such as your income level, whether you are a salaried employee or self-employed, and others. Financial institutions offer financing for different types of vehicles, including cars, aircraft, motorcycles, boats, yachts, and others. […]

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Personal Loans for Travel, Weddings, Adoption, and Other Uses

Personal loans can be used for different purposes, including travel and vacations, wedding preparations, purchases, and more. You can use the money to purchase a car, boat, or van, to meet urgent expenses, or for your home renovation project.  Personal Loans for Travel Holiday or travel loans come with a fixed or floating rate and […]

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Funding Options for Start-up Companies

Microlenders or peer-to-peer lending platforms offer loans to individual borrowers and small businesses. Online platforms offer business loans through a network of microfinance partners. The interest rates are based on the economic environment, loan term and amount, and other factors. Lending platforms offer loans with different interest rates, fees, and closing costs. You can calculate […]

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LOC for Cash and Other Bonuses

Financial institutions extend lines of credit to governments, organizations, businesses, and individual borrowers. The main types are personal, business, and home equity lines of credit, available from mortgage lenders, online banks, and other entities. Holders get affordable interest rates and flexibility. LOCs offer many benefits, but banks have certain income and score requirements to make […]

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Consolidation as an Option for Student Loans

A balance transfer credit card is one option for debtors with high interest cards. Financial institutions offer various low interest, no annual fee, and other credit cards with introductory periods. Applying for a balance transfer credit card is one way to reduce the total payment amount. This is one way to deal with excessive debt […]

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Loans for Big-ticket Items and Urgent Expenses

Consumers can choose from different types of loans, including secured and unsecured. Brick-and-mortar banks, peer to peer lenders, and other providers offer unsecured loans for people with bad credit.  Standard loans are offered to customers with solid payment history or business revenues. Unsecured Loans and Types Customers apply for loans to purchase big-ticket items, pay […]

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Did You Save Up for College

Government loans offer many benefits such as lower interest rates and flexible repayment schedules. Banks are less accommodating, and many students look for other ways to reduce the costs . With government loans, the interest rate is fixed, and the amount covers your college tuition expenses. There are advantages to loans with a fixed interest […]

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