Repayable Contribution
Aquaculture Loan Program
Loans are available to develop and sustain aquaculture for finfish, shellfish and seaplants.
- 4.5/5.0
- Nova Scotia Fisheries and Aquaculture Loan Board
- All levels
- Last updated 2 years ago
- English
Description
Loans are available to develop and sustain aquaculture for finfish, shellfish and seaplants.
- To develop and sustain aquaculture for finfish, shellfish and seaplants
- The program is designed for the development of aquaculture where a long-range approach to cash flow generation is required. For example:
- most new shellfish projects will not see cash flow generation for 4 years from start-up. In these situations, we will consider applications for interest only payments with a final repayment when the product is sold. This loan could, for example, be amortized over 4 years, with a full and final payment at in the final year.