Cover photo for Fisheries Finance Program

Fisheries Finance Program (FFP)

National Oceanic and Atmospheric Administration

About

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.

Commodities

Similar Programs

Details

Organization

National Oceanic and Atmospheric Administration (NOAA)

Financial Instrument

Loan

Updated October 1, 2021

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