Administered by Government of Nunavut · Last verified: July 2026
NBCC is a territorial lender that provides financing to small and medium businesses in Nunavut that need between $150,000 and $1 million. It offers term loans, lines of credit, interim construction financing, and standby letters of credit, and it can guarantee loans made by banks. It does not offer grants, forgivable loans, or equity.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityNunavut Business Credit Corporation Financing is generally open to incorporated, self-employed, partnership businesses, in Nunavut. Confirm the full criteria on the official program page before applying.
The estimated value is Loans and guarantees from $150,000 to $1,000,000. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Review the Before You Begin and mandatory requirements pages 2. Confirm the request is within NBCC lending parameters 3. Submit a loan application with required documents
Ongoing.