The Financing Section administers several state loan programs, including:
Loans may be made for purchase, construction, and installation of alternative energy systems or energy conservation improvement in commercial buildings.
Loans made to purchase and install eligible Capstone avionics equipment in aircraft that are principally operated in Alaska.
Provide affordable loans to Alaskan commercial charter operators to promote Alaskan ownership of charter halibut permits.
Long-term, low interest loans to promote the development of predominantly resident fisheries, and continued maintenance of commercial fishing vessels and gear for the purpose of improving the quality of Alaska seafood products.
Provide long-term, low interest loans to Community Quota Entities for the purchase of halibut and sable fish quota shares through the National Marine Fisheries Service program, and then lease the quota back to local resident fishermen.
Loans for planning, permiting, construction, and operation of fish hatchery facilities.
Loans may be made for the planning, construction, and operation of a mariculture business.
Loans may be made to promote economic development in Alaska by helping small businesses access needed capital.
Provide private sector employment by financing the start-up and expansion of businesses that will create significant long-term employment.