Thank you for your interest in applying to HFLA for an interest-free loan. To follow are some quick facts about our process. If you have any questions, we encourage you to reach out to us at 604-428-2832. We are here to help!
Before beginning our loan application process, it is important that you ensure that you meet the following criteria:
You are Jewish
You are a Canadian Citizen or Permanent Resident
You are currently living in B.C. (exceptions are made for students)
You are 19 years of age or older
All of our loan programs require that you have at least one Jewish guarantor.
Loans over $5,001 require a second guarantor and loans over $10,001 require a third guarantor (second and third guarantors need not be Jewish).
All applicants must meet in person with one of our board members for an interview. This will be done at a mutually agreeable time and location.
All borrowers must come into our offices in-person to sign their loan documents. These documents include a promissory note and banking information.
Repayment will begin within 30 days of receiving your loan and will be done by direct withdrawal from your bank account monthly until your loan is paid back in full.