Serving the Commercial Fishing Industry
The commercial fishing industry is an important economic sector. Combined with related processing activities, it generates $5.2 billion in economic activity throughout the Northeast and creates 41,172 jobs. This video features Farm Credit East vice president Rob Horne, as he explains the variety of commercial fisheries in the Northeast, which include lobsters, scallops, multispecies fisheries and various ground fish species. Farm Credit East works with all types of commercial fishing businesses, providing loans and financial services to help them be successful and has recently released a short video on this important industry.