Proudly supporting
Nova Scotia’s seafood industry
for over 80 years.
Since 1936.
Through responsible lending, the Nova Scotia Fisheries and Aquaculture Loan Board supports the needs of new fishers, sea farmers, and boat builders in Nova Scotia, and those who wish to diversify and expand.
Lending Products
We offer multiple products to help you reach your goals and cultivate the success as you grow.
How to Apply
Applying for a loan with us is easy and we’re here to help you every step of the way.
Our Clients
Dig a little deeper into a few of the ways our clients have improved their operations, and how the Loan Board lended a hand.
Ready to dive in?
Our programs are designed to foster the development of sustainable fish harvesting and aquaculture sectors, and the success of each one of our valued clients. Take the first step and learn more.
News & Events
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Looking for an Opportunity to Serve Your Community?
Full Story: Looking for an Opportunity to Serve Your Community?Join us Serving on our Board of Directors is a great way to represent your community and share your knowledge and expertise of local agriculture or the agri-food business while supporting Agriculture in Nova Scotia. Our Board is […]
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Important Notice – Changes to FALB’s Creditor Life Insurance Program
Full Story: Important Notice – Changes to FALB’s Creditor Life Insurance ProgramWe want to let you know about an important change to Nova Scotia Fisheries & Aquaculture Loan Board Creditor Life Insurance, insured under Group Policy 000575. Effective February 1, 2023, Canadian Premier Life Insurance Company (“Canadian Premier”) acquired […]
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Launching a hybrid/electric fishing vessel
Full Story: Launching a hybrid/electric fishing vesselJason Rankin, President of Asadalia Fisheries Ltd., likes to improve things. After earning a degree in environmental engineering at Dalhousie, he joined the Royal Canadian Navy, where his specialty was navigation. Now retired from the navy, he has […]
What our customers say about us.
“We have developed a strong business relationship with their team of loans officers and inspectors. They are exceptionally reliable and files are managed in a timely and professional manner with a high degree of expertise.”
Maureen MacDonald
“The Loan Board was very encouraging,” he says. “Even when my questions were difficult, they were quick to answer. They’ve been great. I probably couldn’t have done this project without them.”
Jason Rankin, Pictou, NS
“The interest rates were phenomenal,”
Joseph DeCoste, East Tracadie, NS
“I didn’t want to go through a bank, I wanted to go somewhere they support fishermen.”
Chris Roma, East Petpeswick, NS
“If you’ve had a bad year, they don’t want to see you fail. It takes a bit of the pressure off.”
Curtis Halliday, Shag Harbour, NS
“I have to say, the Fisheries Loan Board officers I dealt with were extremely helpful,”
Kevin King, St. Peter’s, NS
“Fishing is their thing. At the bank, you’re just a number. If you’re not able to make a payment, I think your chances of making it through hard times are better with the loan board than with the bank. There’s no question.”