Loan Financing

The DEH CHO BUSINESS DEVELOPMENT CENTRE is committed to providing business loans to clients in the Deh Cho region. Our client-centered approach means that we:

  • Get to know your business and its capabilities and shortfalls. No cookie-cutter financing here.
  • Work with you to ensure the loan requested fits the business`s current needs. Nothing worse than having to request further financing in the near future.
  • Ensure the business is able to repay the amount borrowed with expected revenues. We can help develop forecasts to take a look at possible scenarios.
  • Process applications as quickly as possible with smaller loans being done in 1 to 2 days.
  • Often put collateral in place without lawyers to keep costs low and ensure timely disbursements.
  • Work with your business to help you repay the loan in difficult times. No one will be more flexible.

DCBDC loans:

  • Can finance up to $200,000 of a project’s cost
  • Have maximum repayment terms of up to 5 to 10 years
  • Be repaid with regular monthly payments or more flexible repayment terms
  • Can sometimes use creative approaches to meet collateral requirements when standard items are not available for collateral.

   Application Requirements:

  • DCBDC Loan Application - to be completed by all applicants
  • Personal Net Worth Statement - to be completed by all applicants or owners of the incorporated applicant
  • Summary of current/expected business operations and details of any new projects
  • Description of the company's history and the reason for the financing request – a guide can be found here

If the business already exists, applicants should also provide:


  • Most recent GST filing, employee remittance, and income tax filing
  • Three years of financial statements
  • Appropriate business license

  Other Requirements


All applicants must:


  • Be resident in the Deh Cho region (as defined by ITI) for at least one year
  • Provide at least 5% (maybe more) towards the cost of all non-working capital project costs
  • Be located within the boundaries of the Deh Cho (as defined by ITI)
  • Not be more than 3 months in arrears at DCBDC
  • The idea/proposal must have a reasonable expectation of success in the view of the Investment Review Committee
  • The business should employ local people whenever possible without displacing current jobs

Other considerations of the Investment Review Committee


  • Creditworthiness of the applicant(s) and owners
  • Competition
  • Impact on the community

If you already own a small business or are looking to start one, we not only provide financial assistance, but we also can help with planning, other applications, business registrations, and other necessary steps to get you started. See the other services we offer.


Contact us today to talk to us about your option.

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If you have any questions, check out our FAQ section to see if it has the answer you seek.

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  Contact

  Address

9418 100 St

Fort Simpson, NT X0E 0N0


P.O. Box 238

Fort Simpson, NT X0E 0N0

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Supported by: Department of Industry, Trade & Investment, Government of the Northwest Business Territories
Deh Cho Business Development Centre is a registered trade name of Community Futures Development Corporation of the Deh Cho

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