07/21/2026
Industry News
BMO has announced that it plans to sell its Transportation Finance and Vendor Finance businesses while continuing its core commercial banking operations.
For businesses that finance trucks, trailers, or equipment, industry changes like this are a good reminder to periodically review your financing options.
At Lending Group USA, we work with multiple commercial lending partners and are always happy to discuss financing alternatives for equipment, working capital, commercial real estate, and business expansion.
If you'd like to explore your options, feel free to reach out.
Information based on BMO's public announcement regarding the sale of its Transportation Finance and Vendor Finance businesses.https://lendinggroupusa.com/