LoanNova ScotiaEquipment Purchase or Upgrades
Vessel Loan
Vessels are essential to a thriving seafood industry. From making improvements to a vessel to a complete customized new build, the Fisheries and Aquaculture Loan Board finances all types of projects relating to vessels.
Offered by Fisheries and Aquaculture Loan Board
Amount
No fixed amount
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
The vessel loan is designed to match the life expectancy or remaining useful life of a vessel or equipment purchased. We offer competitive interest rates, flexible payment options and amortization periods, designed specifically for Nova Scotia’s seafood industry.
Available for:
- Used vessel purchase
- New vessel purchase or build
Show all funding details
- Modifications to a vessel, including lengthening, widening, rebuilds, and fiberglassing
- Vessel equipment or electronics upgrade
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| AgriValue Development Loan | Loan | No fixed amount | Open |
| Aquaculture Loan | Loan | No fixed amount | Open |
| Equipment Loan | Loan | No fixed amount | Open |
| Joint Financing with FarmWorks | Loan | No fixed amount | Open |
