Loan Programs


CFF loan application process
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We enthusiastically welcome loan applications from the groundfish IFQ fishery. We regret that we are currently not able to accept applications for vessel, permit, gear purchase or upgrade loans in the Dungeness, albacore, salmon, squid, lobster, sardine and tiered sablefish fisheries.

We are a small loan fund with friendly people who can help you throughout the loan application process. Please call us to discuss your business plan. Then we can customize a loan to fit your project. Here is some general information about the loans we offer:

Types of loans: Term Loan or Line of Credit
Term: 1 year - 10 years
Interest rates: 4.0% - 8.0% (based on market interest rates and specific borrower circumstances)

Who can borrow?

Fishermen, processors, distributors, ports, communities, nonprofit organizations.

What our loans are used for:

  • Gear purchase or modification
  • Vessel purchases or improvements
  • Fishing permit or quota purchase
  • Capital equipment upgrades for dockside infrastructure, processing capacity and transportation
  • Working capital for business growth


Loan Application Process

  1. First, please check that your project is aligned with our criteria (pdf).
  2. Submit a pre-application form (pdf).
  3. CFF will contact you within 5 days of receiving your pre-application to discuss your project with you. If there is good alignment, you will be invited to submit a loan application.
  4. Complete and submit a loan application (pdf), which will require you to provide additional documents to demonstrate your creditworthiness.


CFF Loan Criteria (pdf)
CFF Pre-application Form (pdf)
CFF Application Form (pdf)

If you have any questions please contact our Director, Phoebe Higgins.
Telephone: 415-293-6120

Loans made or arranged pursuant to a California Finance Lenders Law license.