International trade · 05/05/2010Updated: 10/17/2026 · 1 min read

US Government Regulates Long-Term Financing for Commercial Fishing Industry Under Merchant Marine Act and Magnuson-Stevens Act

The Fisheries Finance Program provides long-term financing to the commercial fishing and aquaculture industries for fishing vessels, fisheries facilities, and individual fishing quotas, with fixed interest rates comparable to private sector lenders and flexible repayment terms.