Permit Loan ProgramBBEDC is helping water-shed residents to buy fishing permits under a loan guarantee program launched last year. In partnership with the Commercial Fisheries & Agriculture Bank (CFAB), BBEDC will guarantee loans to qualified residents, provide financial help through interest subsidies and “sweat equity,” and provide education and training for permit holder’s to help them to manage a successful fish business. To learn more, contact BBEDC at 1-800-478-4370 or 842-4370.
BBEDC provides grants and counseling to eligible individual residents so that they are able to obtain limited entry permits through a short term, emergency transfer. Eligibility is based on residency in one of the 17 BBEDC communities, income, access to a market, access to a permit and other criteria. The purpose of the program is to provide an opportunity for eligible residents to hold a permit, that otherwise cannot afford an emergency transfer. Contact BBEDC for more information. (907) 842-4370 or 1-800-478-4370
Bristol Bay Permit BrokerageBBEDC strives to retain ownership of permits by residents of the region through services provided through the Bristol Bay Permit Brokerage. The Brokerage provides services to the public at no charge other than required fees. Our office serves as a satellite office for the Alaska Commercial Fisheries Entry Commission (CFEC) to assist with vessel license and permit renewals, permit transfers, etc. We provide assistance with sale documents and transfer of permits and boats. BBEDC also maintains a listing of permits, vessels, crew and permit holders. For more information contact BBEDC at 907-842-4370 or 800-478-4370.
Interest Rate AssistanceMaintaining a fishing operation requires constant attention to equipment, vessels and gear in order to continue to be competitive. This program provides interest assistance on fishing related loans and allows residents to invest the saved interest back into their fishing operation. The interest Rate Assistance Program continues to provide CDQ resident fishers with interest assistance for commercial fishing related loans . For program details, applications and program requirements contact BBEDC at 907-842-4370 or 800-478-4370.
This site is designed to assist fishers in buying, selling and leasing permits, and buying and selling fishing gear and equipment. Only registered users may post ads. To create an account click below.