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Features
Fishing loans are available for: Purchase of fishing vessel & equipments.
Benefits
- Competitive interest rates
- Terms available to suit your business cycle
- Government assistance available (conditions apply)
- Reasonable fees & charges
- Minimum equity contribution
- Short decision time
- Flexible Repayments
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Term of Loan
Maximum loan term is available up to 7 years. Maximum loan amount will be determined based on debt serviceability.
Requirements
The necessary supporting documents for a fishing loan are available in this checklist.
How do I apply?
Apply for an FDB fishing loan or call for more information at your nearest FDB Branch today.
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Security
Some requirements for security in this particular product may include:
- First Mortgage
- Bill of Sale
- Mortgage Debentures
- Assignments
- Other security as required by the Bank.
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Need more Information?
If you have further questions or wish to learn more about how a loan is processed read our Frequently Asked Questions (FAQ)
OR
Send us an email with your feedback and comments.
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