The Refinace Meter shows how likely you are to receive a loan from this financial institution. It assumes that you don’t have the money to repay the loan and have an average credit score.
If you don't have the funds to repay the CEBA loan by December 31, 2023, to qualify for the loan forgiveness, Bank of Montreal (BMO) will consider extending a business loan to customers that meet their credit criteria.
If you do not qualify for financing and still would like to take advantage of the loan forgiveness of up to $20,000, click here to understand your options.
Clients can make payments to their CEBA loans in Online Banking (OLB) and Online Banking for Business (OLBB). To make a payment, a client can use the bill payment feature in OLB and OLBB. Alternatively, clients can contact their local branch or Relationship Manager to make a payment.