The Prosper NWT Fee Regulations, R-085-2026, made under section 40 of the Prosper NWT Act, establish a fee framework for business services provided by Prosper NWT. The regulations set out charges applicable to businesses receiving financing, business support, account management, reviews and other services.

The regulations define “business services” broadly to include financial and non-financial services, as well as programs established under sections 15 and 16 of the Prosper NWT Act. They also establish rules for special transactions and venture investments. Businesses receiving Prosper NWT services are generally responsible for the applicable fees listed in the Schedule.

The Application Processing Fee is based on the size of a loan or venture investment. Applications involving amounts below $100,000 are subject to a $250 fee, those from $100,000 to less than $500,000 incur $500, and applications of $500,000 or more cost $1,000. The same graduated structure applies to loans and venture investments.

Businesses will receive the first three hours of Prosper NWT business services at no charge. After that, services are billed at $65 per hour. The regulations also impose an annual $50 Administration Fee for each loan or venture investment.

An Annual Review Fee applies to larger financing arrangements. Loans below $250,000 are exempt, while loans of $250,000 or more are subject to a $100 fee. Venture investments are also subject to a $100 annual review fee. In addition, an Annual Account Management Fee applies to loans and venture investments of $250,000 or more. The fee is the lesser of 0.25% of the financing amount or $5,000. Amounts below $250,000 are exempt.

Several fees address payment administration and exceptional transactions. A returned payment may result in a fee of up to $50 per occurrence, subject to the maximum permitted by federal or territorial law. A stop-payment request costs $50, while a special transaction costs $175. The chief executive officer may waive a special transaction fee when the transaction resulted from an emergency.

The regulations also establish financial and insurance compliance charges. Businesses that fail to maintain and provide required proof of insurance face monthly fees ranging from $50 to $200, depending on whether the related financing is below $100,000, between $100,000 and $1 million, or $1 million or more. Failure to submit required financial statements or other documentation results in a $250 Financial Documentation Non-Compliance Fee per occurrence.

Northwest Territories (85/2026) August 26, 2026
Disclaimer: Insights are for informational purposes only and does not reflect RRI’s official position or constitute legal opinion.