goverment loans?

[carp]

Does anybody know of any goverment loans out there for commercial fishermen?

[Fl.fishing kingfish]

There are grants you can get,but depends on what you are looking for and the use of the grant. Qualifying for the grants will depend on your business stats. For info contact me via  em   trvl66@yahoo.com        good luck .. Nick

[dancingetard]

I am unsure of any government start up loans available but highly unlikely since its the government who are trying to put us out of business with there regulations. There may be some small biz administration $ available. Most of the time an agricultural bank will be more open to lening for a fishing business so I would check in your geographic area.

Here is an article dealing with maine lobster boats& some links from the Maine lobstermen website.

http://www.workingwaterfront.com/articles/Loan-programs-to-help-lobstermen-are-still-available/13290/

Here are some banks that lend to lostermen in Maine.
Bar Harbor Bank & Trust
Andrew X Sankey
PO Box 400
Bar Harbor, ME 04609
 207-288-3314  207-288-3314

 Damariscotta Bank & Trust Co
Denise Brenner
25 Main St
Damariscotta, ME 04543
 207-563-8121  207-563-8121
www.damariscottabank.com

 
 
Farm Credit of Maine ACA
Robert Horne
615 Minot Ave
Auburn, ME 04210
 207-784-0193  207-784-0193
 800-831-4230  800-831-4230
robert.horne@farmcreditmaine.com
www.farmcreditmaine.com

 Machias Savings Bank
4 Center St
Machias, ME 04654
 207-255-3347  207-255-3347
www.machiassavings.com

 
 
Maine Financial Group Inc
Jim Amabile
PO Box 1689
Scarborough, ME 04074
 800-974-9995  800-974-9995
 800-974-9995  800-974-9995

 The First
Sarah Matel
PO Box940
Damariscotta, ME 04543
 207-563-3195  207-563-3195
 800-564-3195  800-564-3195
sarah.matel@the1st.com
www.the1st.com

[HalibutChris]

http://www.nmfs.noaa.gov/mb/mb5.htm         Government loan info

[dancingetard]

http://www.farmcrediteast.com/about-us/inside-farm-credit-east/branch-locations.aspx?

Another agricultural bank lending to commercial fishermen & farmers. I have listed the branch in Massachusetts, biased I know since I once lived in that town & its currently closest to me. But they have locations in NY,NJ, NH, Ct & MA.

Middleboro
67 Bedford Street, PO Box 720
Middleboro, MA 02346-0720

Tel: 508.946.4455
Toll free: 800.946.0506
Fax: 508.946.9788

Branch Manager: Cynthia Stiglitz