Indigenous Financial Institution / Community Futures

Akaitcho Business Development Corporation Business Loans

Business loan + advisory services

RepayableActive; verify productsNorthwest Territories / Akaitcho service area

At a glance

AdministratorAkaitcho Business Development Corporation
Maximum amountProduct-specific
Funding typeBusiness loan + advisory services
IntakeYear-round
Decision timelineNot publicly guaranteed; ask administrator

Who it may support

Indigenous and northern entrepreneurs/businesses in service area

Indigenous eligibility

Program-specific Indigenous/regional eligibility

Eligible uses

Approved business costs

Business stage

Start, acquire, expand

What to prepare

Application form; Indigenous identity/ownership evidence; business plan; project budget and quotes; 2–3 year financial statements or opening balance sheet; 12–24 month cash-flow forecast; personal net-worth statement for owners/guarantors; incorporation/registration documents; ownership chart; résumés; financing confirmations; permits/leases as applicable

Application process

Confirm fit with program officer; complete intake/application; submit documents and financing plan; respond to due diligence; receive approval/conditions; sign agreement; claim/disburse funds and report

Financial considerations

Owner equity: Required; case-specific

Collateral and credit: Business plan, credit, security and viability review

Stacking: Usually permitted subject to total government-assistance limits; disclose all sources

This directory summarizes public program information for discovery and is not financial advice or a determination of eligibility. Programs and budgets can change without notice.