MILWAUKEE, WI--(Marketwired - May 23, 2014) - The Wisconsin Small Business Association (SBA) has named BMO Harris Bank the SBA 504 Program Lender of the Year. This is the ninth consecutive year that BMO Harris Bank has received this award.
The SBA 504 loan program provides small businesses with the financing to invest in long-term, fixed assets such as equipment and real estate. By providing long-term financing, the program aims to help generate jobs and community development.
"Small businesses are the backbone of the economy, and through programs such as the SBA 504 program we are able to provide our customers with financing that will help their business succeed," said Daniela O'Leary-Gill, Head of Small Business, BMO Harris Bank.
"BMO Harris' use of programs such as this allows us to support the numerous Wisconsin business owners who not only generate revenue for our economy but also create jobs, enhancing the communities we live in," said Kara Kaiser, Regional President, Southeast Wisconsin, BMO Harris Bank. "Our bankers are always working with customers to find the best way to meet their financing needs, and the 504 program has been a key component of the solutions we offer."
BMO Harris Bank participates in a variety of SBA programs, including the SBA's reengineered CAPLines program designed to help small businesses meet their short-term and cyclical working capital needs.
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through more than 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the company fact sheet. Banking products and services are provided by BMO Harris Bank N.A. and are subject to bank or credit approval. BMO Harris Bank® is a trade name used by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with approximately 1,600 branches, and CDN $593 billion in assets (as of January 31, 2014).