Skip to main content
Unsupported Browser Detected

Internet Explorer lacks support for the features of this website. For the best experience, please use a modern browser such as Chrome, Firefox, or Edge.

Fisheries Finance Program

The Fisheries Finance Program (FFP) provides long-term fixed rate loans for the fishing and aquaculture industries.

Due to COVID-19, our staff is teleworking. We do not have access to mail or faxes sent to the offices. Please call or email your loan officer directly. 

The FFP provides long-term fixed rate financing for the cost of:

  • Refurbishing, modernization or purchasing of existing fishing vessels, fisheries facilities, or aquaculture facilities;
  • Harvesting privileges in federally managed limited access systems (Catch Shares); and
  • Individual fishing quota in the Northwest Halibut/Sablefish and Bering Sea/Aleutian Islands Crab Fisheries.

The FFP will also refinance existing debt incurred for these purposes. The FFP will not finance a vessel refurbishing project that materially increases a vessel’s harvesting capacity.

How Do I Get More Information?

Contact your regional Financial Services Branch and discuss your project:

Southeast Financial Services Branch

St. Petersburg, FL (727) 824-5377

Northeast Financial Services Branch

Gloucester, MA (978) 281-9154

Northwest Financial Services Branch

Seattle, WA (206) 526-6122

If your proposal appears to meet the program's requirements, you will receive an application form to complete and submit along with a one-time filing/commitment fee equal to 1/2 of 1 percent of your proposed loan amount.


Contact

Earl Bennett, Program Leader
Financial Services Division (F/MB5)
NOAA Fisheries
1315 East West Highway
Silver Spring, MD 20910
(301) 427-8765

Elaine Saiz, Division Chief
Financial Services Division (F/MB5)
Office of Management and Budget
NOAA Fisheries

1315 East West Highway
Silver Spring, MD 20910
elaine.saiz@noaa.gov
(301) 427-8752

Catalog of Federal Domestic Assistance Number: 11.415, Fisheries Finance Program