Yukon Venture Loan Guarantee Program

Access to financing can be a major hurdle for Yukon entrepreneurs, especially when traditional lenders are cautious about risk. The Yukon Venture Loan Guarantee Program helps bridge that gap by backing a portion of a business loan, making it easier for local businesses to secure financing through their bank or credit union. Delivered by the Government of Yukon’s Department of Economic Development, the program is designed to support a wide range of industries across the territory, from service-based companies to resource, tourism, and community-focused enterprises.

Rather than providing cash directly, this initiative offers a loan guarantee of up to roughly $100,000, giving lenders added confidence to approve financing that might otherwise be out of reach. This structure can be particularly helpful for small and growing businesses looking to invest in equipment, expand operations, improve cash flow, or pursue other capital investments. While the loan itself remains repayable to the lender, the guarantee reduces overall borrowing barriers. Businesses should also be aware that a modest one-time fee applies when the guarantee is put in place.

For Yukon business owners who have a solid plan but need support unlocking financing, this program can play an important role in moving projects forward. Reviewing the full requirements and how the guarantee works in practice can help determine whether this opportunity aligns with your financing needs.