New Business  Loan

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

 

Maximum Loan Amount Available: $15,000

Guarantor Requirements: One Jewish guarantor is required for the first $5,000 borrowed. A second guarantor is required for a loan between $5,001 - $10,000 and a third guarantor is required for any loan over $10,001 (second and third guarantors need not be Jewish)

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

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 at any point in our process if you have questions or concerns.

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 member to arrange an in-person interview

step 4

Meet with your interviewer at a mutually beneficial time and location so that they can learn more about you

step 5

Await your loan decision. If your loan is approved, you will be asked to come into to our office with your guarantor(s) to sign our loan paperwork

CONTACT US

305A - 950 West 41st Avenue, Vancouver, BC, V5Z 2N7

​Tel: 604-428-2832 

Email: hfla@shaw.ca

© 2023 by Vancouver Hebrew Free Loan Association