License(s) loan
License(s) loans allow new fishers to join the industry, and established fishers to expand or diversify operations. We consider license and enterprise purchases to be long-term investments so we‘ll support you with long-term loans.
Offered by Fisheries and Aquaculture Loan Board
Amount
No fixed amount
Quick eligibility check
Who can apply
Available to:
- New entrants
- Commercial fishers
- Clients looking to reenter the industry
Applications will be considered from active fishers, aquaculturists, seafood processors, and boat builders as well as those looking to get into or get back into the industry.
About the funding
License(s) loans allow new fishers to join the industry, and established fishers to expand or diversify operations. We consider license and enterprise purchases to be long-term investments so we‘ll support you with long-term loans.
We offer competitive interest rates, flexible payment options and amortization periods, designed specifically for Nova Scotia’s seafood sector.
We consider license and enterprise purchases to be long-term investments so we‘ll support you with long-term loans.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Aquaculture Loan | Loan | No fixed amount | Open |
| Joint Financing with FarmWorks | Loan | No fixed amount | Open |
| Business Development Program (BDP) | Loan | Interest-free, unsecured repayable funding of up to 50% of the capital needed to grow or launch a business | Open |
| BDC Business purchase or transfer loan | Loan | No fixed amount | Open |
