Fishing & Aquatic Producers
Farm Credit East understands the unique needs of fishing and aquatic producers.
Read our latest analysis of the current state of the commercial fishing industry.
Join John Sackton, founder and publisher of Seafood.com News, on April 5 as he provides an update on the current status of some key Northeast shellfish species
Financing & Services We Offer Fishermen & Aquatic Producers
Cover all your operating expenses such as haul out and repair, permits, bait and other inputs with a customized operating loan.
From trucks to commercial fishing vessels, we offer attractive loan and lease options for all types of fishing equipment.
We finance real estate, bait storage facilities, wharves and other dockside facilities with flexible terms to meet your needs.
Our experts can help you navigate tax law around family business structures, prepaid business expenses, equipment depreciation and more to get every deduction possible.
At Farm Credit East, we provide comprehensive financial record-keeping services from accounting professionals trained in fishing- and aquatic-related rules and regulations.
Payroll services from Farm Credit East can help you achieve trouble-free payroll periods and eliminate the hassle and technicalities of payroll processing while complying with all federal and state regulations.
Our fishing and aquatic consultants can help you get the best return on your business. We develop unique working relationships with each client based on your business objectives and how you like to work on any specific aspect of business management.
By working with a Farm Credit consultant, your family can build a plan that will provide peace of mind around your water-borne and on-land operations. No matter what happens, you can be assured that your loved ones will be taken care of.
Our insurance is available for some aquaculture products, including shellfish. Work with a team of crop insurance specialists who can help you protect your crop and limit your financial risk.
Incentives We Offer for Veterans and Beginning Fishing & Aquatic Harvesters
We have a number of programs to support talented, hardworking individuals entering the fishing and aquatic industries. Helping young fishermen get started is one of our long-term commitments to Northeast agriculture. Programs include our young, beginning, small and veteran farmer incentives, FarmStart and GenerationNext.
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