NS Fisheries and Aquaculture Loan Board: Processing Loan
no fixed amount
Loan
Description:
Your seafood processing business is unique, so is our financing. Whether you’re looking to develop a new idea or expand an existing business, we’ll work with you to develop a loan structure that best suits individual business needs.
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
