Fisheries Finance Program

The Fisheries Finance Program provides long-term financing for the cost of construction or reconstruction of fishing vessels, fisheries facilities, aquaculture facilities, and individual fishing quota in the Northwest Halibut/Sablefish and Alaskan Crab Fisheries. Vessel financing or refinancing that could contribute to overcapitalization by increasing harvesting capacity is prohibited by regulation.

NOAA’s Fisheries Finance Program offers financing to U.S. companies seeking to improve their commercial fisheries and vessels.

The agency is proposing a change to its Fisheries Finance Program in order to provide the opportunity for a small number of fishers in limited access fisheries to modernize their operations by building new replacement vessels or by rebuilding their current vessels.

See the proposed rule here

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% of your proposed loan amount.


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

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

Click here to go to the Catalog of Federal Domestic Assistance web site