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.
- Used vessel purchase
- New vessel purchase or build
- Modifications to a vessel, including lengthening, widening, rebuilds, and fiberglassing
- Vessel equipment or electronics upgrade
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.