Fishing & Shellfishing

Fishing and Shellfishing

We support local fishing and shell fishing businesses by helping them develop their business expertise and offering financing

Our Impact

20

Local fishermen — helping to maintain their livelihood

$373,446

Invested in 10 fishing businesses since 2014

$90,800

In financing to 6 shellfish businesses since 2014

Loans for Fishermen

Micro Loan Program

We make loans of up to $50,000 to qualified small businesses—money used for working capital, real estate, machinery and equipment.

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Loans for Shellfishermen

The Shellfish Loan Program

The CDP manages the Shellfish Loan Fund which was created to specifically meet the needs of shellfishermen and aquaculturists on the Lower Cape.

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About

We support local fishing and shellfishing businesses by developing their business expertise and offering financing to support their growth. The business assistance we provide focuses on how to increase efficiency and profitability. Guidance ranges from managing cash flow to working with lenders, and from marketing to managing employees—all to help build more successful businesses. As a complement, we have three loan programs. Funds are targeted to the unique needs of fishing and shellfishing businesses, helping them start-up, stabilize and grow.