Newfoundland and Labrador Announces Changes to Harvester Loan Program
The Government of Newfoundland and Labrador is enhancing the Harvester Enterprise Loan program to make financing more accessible to fish harvesters.
The changes aim to streamline the application process and improve access to down payment loans and interest rebates.
As part of the update, loan guarantees are now optional. This means that harvesters approved for a loan — even without a guarantee — can still apply for both the interest rebate and the patient down payment loan.
The government says these enhancements are meant to ease the burden and...
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