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Financial Services

Fishing boatThe Office of Management & Budget Financial Services Division administers several financial assistance programs for United States commercial fishermen and other eligible citizens and entities. Specifically, the Financial Services Division manages a national financial assistance program in the form of direct loans, a tax deferred capital construction fund, and vessel and gear loss and damage compensation programs.

Clicking on the program links to the left will take you to a description of each financial assistance program and related website links (if available), along with the name and telephone number of the relevant contact person. 

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The Magnuson-Stevens Fishery Conservation and Management Act as reauthorized in 2007, directed that NOAA Fisheries and U.S Small Business Administration study the extent of investment in U.S. Seafood Processing Capacity. This Report discusses the state of U.S. Seafood process capacity, the current condition of lobster processing in the state of Maine, and provides information on Federal programs that are available to U.S. Seafood Processors.