We offer term loans of up to $5 million per business enterprise (including related entities) to help finance your business projects, with loans between $2 million and $5 million subject to specific criteria and conditions—such as being in key sectors like housing, infrastructure, critical minerals, or emerging technologies. Applicable fees may apply, and details will be provided during the application process. This increased limit enables Prosper NWT to better support larger-scale investments that drive growth and innovation in the Northwest Territories.
Fixed or variable interest rates are available and are quoted as prime plus 2%, 3% or 4%, depending on the credit risk involved. Prosper NWT can offer customized solutions, with flexible terms and payment options, to meet your business needs.
For more information, contact your regional office of the Department of Industry, Tourism and Investment or Prosper NWT.
To apply, complete either the online application or download and complete the application forms below.