BMO Harris Bank and the American Dental Association (ADA) announced that BMO has been named the new exclusively-endorsed lender for practice financing for ADA members, effective immediately. BMO will be the only practice finance bank recommended by ADA Member Advantage, the program managed by the ADA subsidiary ADA Business Enterprises, Inc. (ADABEI), for the association’s over 163,000 members across the United States. Through this agreement, ADA members have access to preferred rates on practice financing, regardless of where their practice is in its lifecycle – from dentists looking to acquire a practice to those looking to expand their practices. This collaboration enables BMO to continue leveraging its dental industry knowledge while supporting ADA members’ business objectives across the U.S. BMO’s commitment to diversity and inclusion also factored into ADA Member Advantage’s decision to name BMO as its preferred lender for practice financing. For more information about this new partnership, visit bmoharris.com/dentists.
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