Skills Training Loan
Description: Helps adults looking to upgrade their skills or training
Maximum Loan Amount Available: $12,000
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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 $50 per month while in training. Six months after graduation, payments of $25 per month for every $1,000 borrowed.
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Apply today by following these simple steps:
step 1
Secure your guarantor(s) and advise them that an HFLA Board Member will be calling them in the days ahead
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.