BMO Bank’s Auto Portfolio Declined 41% in FY 2017
© Can Stock Photo / daoleduc BMO Financial Group reported a 41% decline in its indirect auto loan portfolio year ...
Tag: BMO Harris Bank
BMO Harris Grants Snap Finance Credit to Service $1B in Leases
The credit facility of BMO Harris Bank will enable Snap Finance to serve more than $1 billion in lease-to-own finance ...
BMO Harris Eyes Dealer Finance Expansion
BMO Harris Bank is fostering greater collaboration between its retail consumer auto loan business and commercial dealer finance arm in ...
BMO Harris Expands to Capture Near-Prime Loans
BMO Harris is expanding its credit band down into near-prime as the market opens up amid pullback from larger banks, Craig Harter, ...
BMO Harris Revamps Flat-Rate Pricing After 3-Year Effort
Three years after its adoption, dealer compensation at BMO Harris Bank has changed from a single, 3% flat rate, Auto ...
GE Capital Unloads Transportation Finance Business
Toronto-based BMO Financial Group completed the acquisition of General Electric Capital’s U.S. transportation finance business, the companies announced today. The ...
BMO Harris Keeps Flats But Drops Autos in “Non-Core” States
Chicago-based BMO Harris Bank said its recent move to drop indirect auto lending in 12 "non-core" states is unrelated to ...
BB&T Switches to Flat Fees, Ending Dealer Markup as of July 1
BB&T Dealer Financial Services is the first Top 20 auto lender so far to switch to flat fees from dealer ...
