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 January 18,2024, to qualify for the loan forgiveness, Bank of Montreal (BMO) will consider extending a business loan to customers that meet their credit criteria.
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.
To repay using BMO Online Banking:
To repay using BMO Online Banking for Business:
Note: Once you have successfully created your payment and it’s fully approved, we will process it on your chosen date. Your payment may take up to 3 business days to appear in your CEBA account.