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PESCA loans

Loans of up to £20,000 for new and existing fishing-related businesses in Devon, Dorset, Cornwall and the Isles of Scilly.

 

Businesses need to demonstrate that they are active in the fishing industry or developing a business linked to the fishing industry. Most start-up or growth costs can be considered for assistance, other than the purchase of fishing vessels.

 

Main Terms:

  • Loans between £10,000 – £20,000
  • Maximum 5-year term
  • 6% fixed interest rate
  • An arrangement fee of 2% of loan amount payable on drawdown.

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