Commercial Financing Across Southwestern Nova Scotia

The region's economy

Yarmouth is one of Canada's most lucrative fisheries — lobster is the area's top industry — and its ferry to Maine anchors a seasonal tourism economy. Digby is known as the Scallop Capital of the World, home port to the world's largest inshore scallop fleet, with seafood landings around $85 million a year and a year-round ferry to Saint John. Seafood processing, hospitality, and retail round out a coastal economy where the assets we finance track the working waterfront.

How financing tends to structure here

Seafood-processing and working-waterfront property is underwritten on the operating business and specialized use; hospitality on income and operator strength; retail on tenants and location. We place each file with lenders active in these asset classes.

Can you finance seafood-processing or working-waterfront property in Yarmouth or Digby?

Yes. Seafood-processing and working-waterfront property is financeable; it's underwritten on the operating business and the property's specialized use, and we place it with lenders active in the asset class.

Do you finance hospitality property in southwestern Nova Scotia?

Yes. Inns, motels, and restaurants tied to the region's ferry and tourism economy are financeable, underwritten on income and operator experience.