NOAA Fisheries Finance Program

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NOAA Fisheries recently announced that its Finance Program has received $100 million of lending authority* for Fiscal Year 2016 and is now accepting applications. (*Lending authority is not an appropriation of funds and may not be converted to such.)

This national loan program offers long-term fixed interest rate loans to the commercial fishing and aquaculture industries. Loan terms range from 5 to 25 years and interest rates are competitive.

Eligible projects may include:

Aquaculture & Mariculture

Fisheries Shoreside Facilities

Fishing Vessels (Including Charter Vessels)

For more information, visit:

source: NOAA Fisheries