California Fisheries Fund

The California Fisheries Fund offers affordable loans to small-scale fishermen, fishing enterprises,
ports, and nonprofits.

We are pleased to announce that the California Fisheries Fund (CFF), a loan fund for the California fishing industry, is now managed by Community Vision. Launched in 2008 by the Environmental Defense Fund, CFF has worked with borrowers including small-scale fisherman, fishing enterprises, ports, and nonprofits.

At its new home within Community Vision, the fund remains squarely focused on its mission to create economic opportunity and support sustainable practices in West Coast fisheries. Community Vision is a 30-year old not-for-profit loan fund, supporting economic opportunity and human services in our local communities. We are proud to add management of the CFF to our work promoting a healthy and inclusive food system in our state.

More Information

The California Fisheries Fund offers loans ranging from $50,000 to $3,000,000 to California fishermen and fisheries-related businesses and nonprofits. Term loans include financing for: 

  • Vessel purchase or improvement
  • Permit or quota purchase
  • Gear purchase or modification
  • Working capital
  • Dockside infrastructure, fish processing, & distribution

Eligible borrowers must be based in California and include:

  • Fishermen
  • Processors or distributors
  • Retailers
  • Ports
  • Nonprofit organizations and trusts
  • Quota banks

Term

Up to 10 years

Interest Rate

5-7% for most borrowers

Loan Fees

1-2% in total

Collateral

Vessels, permits, quota, real estate, equipment, personal
guarantees

Amount

Up to $3 million

Loan-to-Value

Up to 85%

If you are interested in a loan from the California Fisheries Fund or want to learn more about how we can help your business or organization, please contact:

Sally Smyth, Loan Officer
(415) 392-8215 ext. 323, ssmyth@ncclf.org

Nate Schaffran, Manager, Food & Enterprise Lending
(415) 392-8215 ext. 328, nschaffran@ncclf.org