Loan Programs

ABOUT OUR LOANS

CFF loan application process
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We are a small loan fund with friendly people who can help you throughout the loan application process. Please call us to discuss your business plan. Then we can customize a loan to fit your project. Here is some general information about the loans we offer:

Types of loans: Term Loan or Line of Credit
Term: 1 year - 10 years
Interest rates: 4.0% - 8.0% (based on market interest rates and specific borrower circumstances)

Who can borrow?

Fishermen, processors, distributors, ports, communities, nonprofit organizations.

What our loans are used for:

  • Gear purchase or modification
  • Vessel purchases or improvements
  • Fishing permit or quota purchase
  • Capital equipment upgrades for dockside infrastructure, processing capacity and transportation
  • Working capital for business growth

 

Loan Application Process

  1. First, please check that your project is aligned with our criteria (pdf).
  2. Submit a pre-application form (pdf).
  3. CFF will contact you within 5 days of receiving your pre-application to discuss your project with you. If there is good alignment, you will be invited to submit a loan application.
  4. Complete and submit a loan application (pdf), which will require you to provide additional documents to demonstrate your creditworthiness.

 

CFF Loan Criteria (pdf)
CFF Pre-application Form (pdf)
CFF Application Form (pdf)

If you have any questions please contact our Director, Phoebe Higgins.
Email: phiggins@californiafisheriesfund.org
Telephone: 415-293-6120

Loans made or arranged pursuant to a California Finance Lenders Law license.