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New Business  Loan

Description: Helps people with the expenses of starting a new business

 

Maximum Loan Amount Available: $15,000

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Guarantor Requirements: One Jewish guarantor who lives in British Columbia is required for the first $6,000 borrowed. A second guarantor is required for loans over $6,000 (second guarantors need not be Jewish and can live anywhere in Canada)

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Repayment Terms: Payments of $25 per month for every $1,000 borrowed until the principal is paid back in full

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Apply today by following these simple steps: 

We want this experience to be a comfortable one for you and our processes have been designed with great care to ensure that your confidentiality and dignity are respected at all times. Please do not hesitate to reach out to Joanna at jwaselhfla@gmail.com at any point in our process if you have questions or concerns. 

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To view a list of questions and answers, please click here

step 1

Secure your guarantor(s) and advise them that an HFLA Board Member will be calling them in the days ahead

step 2

Complete our application form by clicking here

step 3

Await a call from an HFLA board representative

step 4

Complete an interview (by zoom or in person)

step 5

Await your loan decision. If your loan is approved, you will be sent paperwork to sign and then your loan funds will be distributed. 

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