The Fisheries Finance Program 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)
- Individual fishing quota in the Northwest Halibut/Sablefish and Bering Sea/Aleutian Islands Crab Fisheries
The program will also refinance existing debt incurred for these purposes. It 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, Florida (727) 824-5377
Northeast Financial Services Branch
Gloucester, Massachusetts (978) 281-9202
Northwest Financial Services Branch
Seattle, Washington (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
David Moyer, Acting Program Manager
Financial Services Division (F/MB5)
NOAA Fisheries
263 13th Avenue South
St. Petersburg, FL 33701
(727) 824-5377
Moni Banerjee, Division Chief
Financial Services Division (F/MB5)
Office of Management and Budget
NOAA Fisheries
1315 East West Highway
Silver Spring, MD 20910
(301) 427-8716
Catalog of Federal Domestic Assistance Number: 11.415, Fisheries Finance Program
