New support system to help small businesses, including transitioning to online, announced

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BMO is set to launch a new support system to help small businesses across Canada, in both rural and urban areas, the company had announced
The banking company has said they are looking to directly help businesses that are “acutely affected” by the pandemic. The system is also looking to support minority and women owned businesses, with new programs being announced
As the growth of ecommerce has become more pronounced, BMO has sought to capitalize, bringing forward a new host of digital payment options, including real time process deposits