MARITIME LENDING
Trusted Maritime Lending Solutions
From fishing fleets to shipyards, maritime businesses power the Pacific Northwest. Our dedicated Maritime Banking team brings decades of industry knowledge to help you secure the financing you need—whether you’re purchasing a vessel, expanding operations, or investing in permits and quota.
Powering Maritime Success in the PNW
In an industry shaped by tides, seasons, and generations of experience, you need a financial partner who can keep pace. First Fed understands the unique demands of maritime work and brings the specialized insight needed to support long-term success.
Whether you are looking to buy, construct, or refinance commercial vessels, or you need a loan to help expand your operations, our experts can help find the best solutions for your needs. We can also provide lending solutions for fishing rights, maritime equipment providers, and shipyards.
Some of our maritime lending specialties include:
Commercial Vessels
Fishing Rights - Quota and Permits
Maritime Equipment Providers
Shipyards
Lending terms for vessels and fishing rights include:
Up to 30 Year Loan Amortization
Flat Loan Fees
Annual Payments
“Working with the First Fed Maritime Banking Team has been a great experience. They know the fishing industry and made everything easy—from refinancing our boat and permit loans to setting up deposit accounts. The loan funds helped us upgrade our refrigeration system and purchase an additional permit. First Fed is flexible, efficient, and truly understands how our business runs.”
- Stuart Schuttpelz, Owner of Taryn Rose
The maritime industry is a vital and celebrated part of economic life in the Pacific Northwest, and it’s important to work with a lender that has specialized knowledge of the industry. Our team is local and has a deep understanding of solutions that benefit maritime businesses.
Connect with one of our team members today to get started.
Arne Arnesen
Sr. Director of Commercial Banking
arne.arnesen@ourfirstfed.com
206-790-2742
Jake Dixon
Government Programs Manager
jake.dixon@ourfirstfed.com
206-718-0254
Scott Montgomery
Commercial Market Leader
Maritime Manager
scott.montgomery@ourfirstfed.com
206-769-6089
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