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Finance Available For Fisheries Projects

US - Federal financial assistance for fisheries or aquaculture related facilities is available through the NOAA Aquaculture Programme and the NOAA Fisheries Financial Services Division.

The finance programme will provide long-term direct loans for eqipment purchases, debt refinancing, or other financing needs.

Aquaculture businesses are eligible for loans for capital construction and certain other investment costs.

Vessel financing or refinancing that could contribute to overcapitalisation by increasing harvesting capacity is prohibited by regulation.

For further information see http://www.nmfs.noaa.gov/mb/financial_services/ffp.htm.

the Fish Site Editor

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