NADF offers term loans ranging from $2,500 to $500,000 to support business startup, growth, or expansion.

You must be an Indigenous entrepreneur (18 years or older) or Indigenous-led business located in our service area. You will also need a solid business plan and demonstrate the ability to repay the loan.

To be eligible for NADF financing, your business must be at least 51% Indigenous-owned and controlled. This means that Indigenous individuals or communities must own a majority stake in the business. Clear documentation of ownership and roles within the business will be required during the application process.

NADF funds a wide range of businesses across many sectors, including retail, service, tourism, construction, forestry, mining, manufacturing, and more. Whether you're starting a new business or expanding an existing one, your project may be eligible if it aligns with our financing criteria and supports economic development in Indigenous communities.

Yes. NADF does not fund businesses that are illegal, unethical, or do not align with our mandate to support Indigenous economic development. This may include businesses involved in tobacco, cannabis, alcohol sales, or those that pose significant environmental or social risks. Each application is reviewed on a case-by-case basis to ensure it meets our guidelines and community values.

Yes. All NADF loans are repayable according to the terms outlined in your loan agreement. Repayment schedules and security requirements vary by loan type.

NADF's interest rates typically range from 8.5% to 12%, depending on the level of risk associated with the project. Your Account Manager will discuss the applicable rate during the assessment process.

Yes. Applicants are expected to contribute equity toward the project to demonstrate their financial commitment. Our team can help you understand what qualifies as equity and how to prepare your application.

Start by speaking with a Business Support Officer, who will help determine your eligibility and guide you through the next steps. If you are ready to proceed, you will complete an application. Once a completed is received, an Account Manager will be assigned to review your application and may contact you for additional information. Your application will then be presented to a Screening Committee, which will assess whether your project meets our financing criteria.

Yes. A non-refundable application fee of $275 is required when submitting a loan application. Additional loan administration and legal fees may apply depending on the type and amount of financing, as well as the security required. All fees will be discussed with you during the application process.

Processing times can vary depending on the complexity of your application and the completeness of your documents. On average, it may take up to 25 business days to receive a decision after your completed application has been submitted and assessed by your Account Manager.