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Hebrew Free Loan Association

The mission of HFLA is to meet the needs of people in Northeast Ohio, without easy access to capital, by providing interest-free loans. In support of this mission, HFLA *Respects the dignity and self-worth of those it serves. *Cultivates a personal relationship with its borrowers. *Honors the biblical directive and Jewish ideal that money be lent without charging interest. *Loans are made on a non-sectarian basis.

Michal Marcus, Executive Director

HFLA of Northeast Ohio provides interest-free loans for individuals, students, and small businesses in Northeast Ohio who are unable to access fair forms of finance.

A successful loan applicant is one who:

  1. Is a resident of Northeast Ohio.
  2. Demonstrates a genuine need.
  3. Is unable to receive a loan from a conventional source such as a bank or credit union.
  4. Has the ability to repay the loan in monthly installments beginning immediately after the granting of the loan.
  5. Has the ability to provide a guarantor or co-signer when applicable.

Types of Loans:

  1. Standard Loan: Used to address personal or emergency costs such as home or car repair, medical expenses, funeral costs, debt consolidation, etc.
  2. Education Loan: For students attending undergraduate, graduate, or technical or vocational programs.
  3. Business Loan: A business microloan to help small businesses startup or expand.

For loan requirements: https://interestfree.org/loans/

To make a donation: https://interestfree.org/ways-to-give/