Lobster Program

Our Lobster Program helps lobstermen increase their trap allocation. Every commercial lobster trap must have a current tag attached to be legally fished. Usually trap tags are sold in large quantities (300+) and are cost prohibitive for independent fishermen who are otherwise ready to expand their business. Through creative and individualized financing this program aims to help lobstermen obtain lobster tags in smaller bundles. So far we have helped ten local fishermen increase their trap allocation and plan to continue to offer this opportunity to more fishermen as needed.