BMO provides the expert financial structural support to power your medical practice
Strategic Specialized Advice Overview
- BMO offers specialized financing for practice acquisition, equipment upgrades, and real estate purchases.
- Your practice gains from BMO deep understanding of professional billing cycles and provincial insurance payments.
- BMO provides preferential interest rates and high lending limits specifically for practicing MDs, DDSs, and DVMs.
- We support your entire career path, from medical school residency to senior partnership and retirement.
BMO Medical Professionals Frequently Ask
What is the maximum I can borrow for a practice startup?
Because of the specialized nature of healthcare, BMO offers significantly higher lending limits based on your professional earning potential. For many specialties, we can finance up to 100% of the practice purchase price plus provide initial working capital. We understand that your expertise is your most valuable collateral.
Because of the specialized nature of healthcare, BMO offers significantly higher lending limits based on your professional earning potential. For many specialties, we can finance up to 100% of the practice purchase price plus provide initial working capital. We understand that your expertise is your most valuable collateral.
Can you help with the transition from an associate to a clinic owner?
Yes. This is BMO core specialty. BMO help you evaluate the clinic's financial health, manage the goodwill valuation, and structure the buy-in agreement. We work closely with your legal and tax advisors to ensure the transition is smooth and doesn't interrupt patient care.
Yes. This is BMO core specialty. BMO help you evaluate the clinic's financial health, manage the goodwill valuation, and structure the buy-in agreement. We work closely with your legal and tax advisors to ensure the transition is smooth and doesn't interrupt patient care.
BMO is the partners in your clinical excellence
You care for your patients; let us care for your practice's financial health.
Healthcare professionals have unique financial needs, from long education cycles to complex billing structures. BMO has a dedicated team of Healthcare Relationship Managers who understand your specific specialty. Whether you're a radiologist or an orthodontist, we speak your professional language.
Managing a clinic is managing a small business with high stakes. BMO provides the technical tools to simplify it. BMO cash management platforms allow you to reconcile provincial billing payments instantly and manage your staff payroll with ease. At BMO, BMO believes that administrative time should be minimized.
BMO Healthcare Service Standards
| How We Support Your Clinic | BMO Response Standard | Your BMO Result |
|---|---|---|
| Professional Credit Review | Under 24 Hours | Immediate Scaling |
| Equipment Lease Authorization | Under 4 Hours | Modern Tech Access |
| Specialized Advisor Availability | 24/7 Priority Line | Expert Support |