LoanNova ScotiaEquipment Purchase or UpgradesTechnology Adoption

Micro Loan

Not every opportunity requires big money. Through a streamlined process, our micro loan products are specifically geared to provide smaller loans for projects and financing needs as small as $3,000.

We offer competitive interest rates, flexible payment options and amortization periods, designed specifically for Nova Scotia’s seafood sector.

Offered by Fisheries and Aquaculture Loan Board

Amount

Micro loans for projects under $50,000, for financing needs as small as $3,000, at competitive interest rates with flexible payment options and amortization periods

Quick eligibility check

Years in business
No minimum
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Nova Scotia

Who can apply

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

Not every opportunity requires big money. Through a streamlined process, our micro loan products are specifically geared to provide smaller loans for projects and financing needs as small as $3,000.

Micro loans are considered for projects under $50,000. In many cases, our micro loan products have a lower security level — which reduces legal fees and time. We offer competitive interest rates, flexible payment options and amortization periods, designed specifically for Nova Scotia’s seafood sector.

Available for:

  1. Equipment or gear
Show all funding details
  1. Invest in new technologies
  2. Implement a smaller project

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