Specialized, sophisticated wealth leadership for franchisees

We have extensive experience advising franchisees and dealer groups. We understand your entrepreneurial mindset, the exponential growth of your sector and the economic sensitivity involved in your business. With the cyclical risks inherent in the unpredictable franchise space, we can help to insulate your investment portfolio and wealth plan to secure your financial future.

  • No matter where you stand in your business life, you won’t have to start from scratch with us. We are familiar with your needs at every stage, whether you own your first location or are transitioning to a larger operation, preparing to exit the business, or enjoying the rewards of retirement
  • With a solid understanding of your business and the structures created by your accountant and lawyer, we will collaborate closely with these professionals to manage both your business and personal assets

 

Bringing you the best of BMO Private Wealth

Our network of partnerships across this world-class firm can address complex banking and borrowing, financing, wealth planning, business succession, cash management and treasury services, and trust and estate planning needs. Rely on us for the right solution, regardless of the complexity.

We create solutions that respect the nuances of the unpredictable and rapidly evolving franchise world and the opportunities and potential challenges associated with your personal wealth. Our approach is coordinated, consultative and multi-disciplinary – supported by dedicated and experienced professionals across Canada, the U.S. and Europe.
 

Canadian Commercial Banking

Client focus

We listen to your business needs and what is important to you

Industry expertise

We understand the franchise sector and industry

Product expertise

We offer a full suite of products tailored to fulfill your dreams and business goals

Local presence, global strength

We have the resources of a bank with global capabilities and the local knowledge to tailor solutions for you

Speed to market

We follow through with our commitments quickly and deliver seamless solutions, always innovating and adapting to changing business requirements

 

Corporate finance

Financial expertise, opportunities, and innovative solutions and services tailored for growth-oriented business owners

Products and services

  • Full suite of cross-border solutions to meet both Canadian and U.S. financial needs (treasury payment solutions, liquidity management, trade finance, acquisition financing, working capital financing, capital expenditure, and project financing)
  • Access to strategic, innovative and customized financial solutions previously available only to large corporations

 

Experienced team

  • Multi-sector experiences of our team enable us to work with growth companies in every industry
  • Team of experienced professionals located in Halifax, Montreal, Toronto, Calgary and Vancouver

 

Integrated services

  • We provide a continuous, single point of contact, and we have substantial authority to act decisively as new opportunity arises
  • Our team operates with specialized knowledge to deliver optimal financial solutions
  • We collaborate with a team of professionals who are committed to your business and focus on understanding the industry and your business

 

Proven results

  • With a wealth of entrepreneurial experience and specialized industry knowledge, our team has delivered solutions that support franchisees’ strategies and competitive positions to deliver successful and sustainable solutions.

 

Trusted partner

  • We will help you meet your operational and strategic goals and provide working capital solutions
  • We aim to forge a strong partnership built on delivering value-added advice, insights and seamless execution of transactions

 

Treasury and payment solutions (TPS)

Cash management solutions and product support for receivables and payments processes

 

Top-tier coverage and support

  • Best-in-class client coverage support model reaffirmed by BMO Private Wealth’s Net Promoter Score (NPS), the industry measure of customer loyalty and satisfaction
  • Industry-leading project management expertise to seamlessly and effectively implement products and solutions
  • Seamless cross-border support for payments and receivables processes through BMO’s integrated and extensive North American branch network

 

Partnership and advisory approach

  • Emphasis on understanding your business objectives and aligning solutions accordingly
  • Proprietary analytics model enhances your payment strategy and delivers significant cost savings

 

Leader in digital solutions

  • Comprehensive suite of integrated solutions and capabilities can help you manage and improve cash flow through all stages of the operating cycle
  • Best-in-class North American online business platform with powerful analytic capabilities
  • Commitment to continuous investments in our digital platforms and to developing new standards to better serve you

 

TPS integrated solutions and product capabilities

Integrated solutions for effective cash management

 

Payment solutions

We manage payments securely and efficiently with a range of solutions designed to streamline processes, reduce errors and eliminate costs

Information management

Gain access to current information on your deposit account balance and activities

Online Banking for Business (OLBB)

We offer one integrated banking platform with a single sign-in to provide you with the capability to manage your banking needs cross-border

Receivables solutions

Capture and convert sales quickly to improve efficiency in the collection process and accelerate the availability of funds

Liquidity management

Optimize cash resources for effective management of operating and investment funds

Fraud mitigation

Enhance internal security and control processes

 

Private banking

As a preferred Platinum Banking client, enjoy unlimited banking features and exclusive benefits that go well beyond traditional personal banking. And, as a preferred BMO Private Wealth client, receive a $50 reduction from either the $100 monthly Platinum Banking plan fee or the $125 monthly Platinum Banking for Professionals plan fee, when a minimum monthly balance of $1 million is held at BMO Nesbitt Burns. This monthly fee is waived completely when a minimum monthly balance of $5 million is maintained with BMO Nesbitt Burns.
 

Your Private Banker

Our Platinum Banking1 service is designed to meet all your banking needs – from simple to complex. Your dedicated BMO Private Banker will focus on understanding your needs to provide a full range of customized banking, lending and payment solutions to help you and your family save time, simplify life and achieve your goals.

 

Customized banking solutions2

Receive exclusive access to customized personal banking solutions to help you meet your needs, including:

  • An unlimited number of Platinum Banking personal accounts under a Platinum Banking Plan, plus business and personal holding company bank accounts with a Platinum Banking Professional Plan and unlimited transactions within those accounts.3
  • Preferred exchange rates, and free and unlimited access to a global network of select ATMs
  • The highest daily access limits on many everyday transactions
  • A preferred rate on the Platinum Savings Account – Platinum Banking’s exclusive, flexible investment savings account that offers our best rate

 

Specialized lending11

  • Access specialized lending to optimize your cash flow and wealth management plan including:
    • Mortgages and lines of credit
    • Personal and business financing, plus commercial financing and account management
    • Expertise to support large specialty loan services including collateralization of investment management accounts and access to our Leveraged Life Insurance Program

 

 

The BMO Bank at Work Program

At no cost to you, our team can help you create a dynamic workplace program for your business that provides:

  • Financial wellness advice and education – Customized financial programs tailored to your employees’ needs
  • The most convenient way of banking – Our Private Bankers can help with individual financial needs
    • Best-in-class financial products – A full-featured suite of banking products and services
    • Access to retirement programs – Help your employees achieve a secure financial future with an optional retirement program

 

The impact of stress on your store

Personal financial stress can impact employees’ productivity and, in turn, your company’s performance. Rising costs of living and overwhelming debt were among the biggest sources of stress identified in a recent study on employee wellbeing. As a responsible employer, you can help your employees.

 

Productivity: 78% of employers say financial stress reduces employee productivity.

Improved productivity:

  • Leads to more engaged and focused employees, and happier and less stressed employees are 20% more productive

 

Retention: 60% of employees say workplace benefits are one of the main reasons to stay.4

  • Retain your best employees by offering better benefits than your competitors such as financial education
  • Attract top talent with an enriched overall employee benefits package.

 

Reduced absenteeism: 80%+ of employees have taken time off work due to financial stress. Reduced absenteeism:

  • Leads to reduced instances of sick or mental health days by employees
  • Results in less overall off-work days due to financial issues

 

Financial wellness advice and education

  • As a part of the BMO Bank at Work Program, we provide a valuable financial health education curriculum to engage, educate, and empower your employees.
  • Our seminars will empower your employees with financial knowledge.
  • Topics we cover include:
    • Budgeting and planning
    • Home buying
    • Debt management
    • Retirement planning
    • Investing
    • Financial planning
    • Tax planning
    • Insurance
    • …among many others.

 

We can prioritize which seminar to deliver by conducting a Financial Wellness Survey with your employees.

 

We look forward to scheduling a private discussion of your needs as a franchisee and the opportunity to demonstrate the broad spectrum of specialized services and resources we can provide.