BMO’s Zero Barriers to Business lending programs include BMO for Black-Owned, Hispanic/Latino-Owned, Native-Owned, LGBTQ+ Owned, Asian-Owned, Women-Owned and Veteran-Owned.

We're committed to the success of Black-owned businesses. Learn more about our loan programs, partnerships, and resources for members of the community.

2023年9月25日 · BMO announced the expansion of its Zero Barriers to Business program for Black, Latino, Native, and Women-owned businesses across the bank’s expanded footprint. The program aims to break down barriers for historically underserved and marginalized groups through inclusive banking products, services, and resources as part of BMO EMpower 2.0 ...

2020年12月1日 · Through BMO’s direct investment in Black and Latinx communities, many minority business owners who struggle to access capital will have access to increased economic opportunities and networks that help break down barriers to inclusion and drive an inclusive economic recovery.

2021年9月14日 · BMO Harris announced today the BMO for Black and Latinx Small Business Program will now be available in all BMO markets where BMO Harris operates branches. The program – part of BMO’s five-year, $5 billion EMpower commitment – was piloted in Illinois and Northwest Indiana last year.

2021年2月1日 · Throughout February, BMO will be marking Black History Month with a social media campaign that celebrates Black-owned businesses and their resilience in breaking down barriers to success.

2021年9月14日 · We created the BMO for Black & Latinx Businesses Program to aid business owners in their recovery by increasing their access to capital and other resources. At BMO, we're leaning in to fuel growth and opportunity for Black and Latinx small businesses to support strong neighborhoods wherever we work and live."

2022年2月14日 · To support the new program for Black Entrepreneurs, BMO has partnered with the Black Opportunity Fund (BOF) – a community-led organization committed to removing financial barriers for Black-led businesses.

2022年2月14日 · Through the program, Black business owners and entrepreneurs can receive loans of up to $250,000. These loans can be used for capital investments such as equipment and leasehold improvements, working capital – including inventory, payroll, and lease payments – and short-term receivable financing.

BMO for Black and Latinx Businesses Empowering small business 1 For businesses with annual revenues of $10 million or less and total combined credit exposure at BMO of $50,000 or less, that are at least 51% owned and controlled by individuals that self-identify as Black or Latinx.