BMO Trade Finance can help you sustain and grow your foreign sales in many ways.

For North-American sales, supported by Export Development Canada via a credit-risk insurance policy, BMO developed a unique product allowing you to sell-off the resulting invoices (trade receivables). This can be done on a global or selective basis to provide your company with immediate access to additional cash.

Access
BMO’s program requires setting up credit-facilities for your company. It is therefore essential to engage in a discussion with your local BMO Commercial Account Manager for this specific purpose.

Benefits
Optimizing your company’s financial supply chain means achieving greater control and transparency of accounts receivable, improving cash flow and profitability.

BMO developed solutions to help your company optimize its working capital and manage one of its most import assets: trade accounts receivables.

Accelerating the conversion cycle of sales into cash and redeploying funds towards satisfying your suppliers and generating incremental sales is the main goal of our program.

Other benefits you can get through our program include:

• Professional Collection Department
• Simplified Credit-Risk Management
• Simplified Foreign Exchange Risk Management
• Capacity to take advantage of Supplier Discounts
• Improved Balance Sheet
• Relatively low cost solution compared to what traditional factors can offer.

We’d like to hear from you – Contact your local BMO Commercial Account Manager to discuss your needs and access to BMO Trade Finance’s Export Receivables Financing services.