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Check local availabilityGovernment-backed financingLast verified July 3, 2026

Yukon Venture Loan Guarantee Program

Secure bank financing for your Yukon business with a government guarantee covering 65% of the loan principal, up to $100,000. You repay the full loan plus interest and pay a one-time 1.5% fee on the guarantee amount. Verified against the official source on July 3, 2026.

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At a glance

Maximum supportGuarantees 65% of the loan principal (min $10,000 guarantee, max $100,000 guarantee). One-time fee of 1.5% of the guarantee amount, payable when issued.
Issued byGovernment of Yukon, Department of Economic Development
Administered byParticipating financial institutions (delivered by them); Government of Yukon (partnership/guarantor).
RegionYukon

Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.

Not sure if you qualify?

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Is this for you?

  • You are a Yukon-registered startup or existing business with under $5 million in gross revenue and fewer than 100 employees.
  • You need a venture loan from a participating lender but want the confidence of government backing to meet stricter lending criteria.
  • You pay Yukon corporate taxes and are ready to work with a financial institution that participates in this program.

Probably not the right fit if

  • You are looking for a grant or non-repayable funding, since this is a loan you must repay with interest to the lender.
  • Your business has gross revenue of $5 million or more or employs 100 or more people.
  • You are not registered in Yukon or do not pay Yukon corporate taxes.

How much you'd realistically get

The government guarantees up to $100,000 of your loan principal, which typically allows you to borrow a larger total amount from the lender than you could on your own.

What may be supported

  • New business start-ups in Yukon.
  • Expansion of existing Yukon businesses with under $5 million revenue.
  • General business financing needs supported by venture loans.

How applying works

Effort: moderateYou must coordinate between the government for eligibility and the financial institution for the loan application and terms.

  1. 01Contact the Government of Yukon at ecdev@yukon.ca or 867-456-3803 to confirm your project qualifies for the guarantee.
  2. 02Visit a participating financial institution to discuss loan options and eligibility.
  3. 03Submit your loan application to the financial institution.
  4. 04Pay the 1.5% guarantee fee when the guarantee is issued.
  5. 05Receive the loan funds from the financial institution.

Who to ask: ecdev@yukon.ca or 867-456-3803

Documents commonly required

  • Proof of Yukon business registration.
  • Evidence of Yukon corporate tax payments.
  • Financial statements showing gross revenue under $5 million (for expansions).
  • Employee count verification showing fewer than 100 employees (for expansions).
  • Business plan or project details for the financial institution.

How BBN Labs helps

  • BBN builds your professional website and online store with the loan funds, giving your Yukon venture a credible digital home that turns local interest into sales.
  • BBN uses the loan to set up Local SEO and Google Business Profile, so customers find your storefront on Google Maps when searching for your services.
  • BBN implements a modern POS and loyalty system with the loan capital, streamlining checkout and keeping repeat customers coming back to your growing business.
  • BBN designs high-impact signage and vehicle wraps with qualified partners, using the venture loan to make your brand visible and attract more foot traffic.
  • BBN guides you through the application and deadlines so you don't lose the funding.

What to know before you count on it

  • This is financing, not a grant. You repay the full loan amount plus interest to the financial institution.
  • You pay a one-time fee of 1.5% of the guarantee amount when the guarantee is issued.
  • The guarantee covers 65% of the principal based on net loss, meaning the lender still carries 35% of the risk.
  • Repayment terms are set by the lender but have a maximum duration of 6 years.

What are your odds?

Approval depends on your ability to service the debt and the lender's assessment of your business viability, not on a competitive ranking.

Frequently asked questions

Is this money I have to pay back?

Yes. This is a loan guarantee. You borrow money from a financial institution and repay it with interest. The government only guarantees 65% of the principal to the lender if you default.

How much does the guarantee fee cost?

The fee is 1.5% of the guarantee amount. For example, if the guarantee is $100,000, the fee is $1,500. This is payable when the guarantee is issued.

Can I use this for any business expense?

The program supports venture loans for general business financing. Confirm specific eligible costs with the participating financial institution.

Who do I apply to?

You apply through a participating financial institution. Contact ecdev@yukon.ca or 867-456-3803 first to check if your project qualifies.

What you can combine it with

Confirm with the lender if this guarantee can be combined with other financing products or provincial grants.

Get alerted when this changes

Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.

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Record last updated July 3, 2026; last verified July 3, 2026 against the official source. Source: official program page.