Boatbuilder Loan
no fixed amount
Loan
Description:
Are you looking to start, grow, or acquire a boatbuilding operation? The Fisheries and Aquaculture Loan Board supports the long term success of boatbuilders in Nova Scotia with flexible and affordable financing.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must be active fishers, aquaculturists, seafood processors, and boat builders as well as those looking to get into or get back into the industry.
Application Steps:
Applicants must:
1. complete and attach the forms required
2. need to complete one of more Appendices as instructed in the application checklist, based on the type of loan you’re applying for. 3. also need an additional copy for a guarantor or when working with your boatbuilder on a new build.
Documentation Needed:
Applicants must submit:
1. Application Form
2. Appendix D – Personal Financial Statement
3. Creditor Life Insurance Form
4. Certificate of Life Insurance
Other Things to Note:
About the author
Maurice
