HFLS Press
Check out the latest press releases from and articles about the Hebrew Free Loan Society.
Check out the latest press releases from and articles about the Hebrew Free Loan Society.
Jewish nonprofits around the country have stepped up to help those affected by the coronavirus – but perhaps none so tangibly as the country’s free loan societies, because they’re putting or keeping cash directly in people’s pockets.
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This week, in response to the virus, [HFLS] modified its application process: Interest-free loans of up to $5,000 are now available to people in those areas with only one guarantor needed.
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[HFLS] initially allocated $1 million to coronavirus loans and is trying to line up resources to be able to provide “several million more,” he said, and the HFLS is in the process of finalizing a $500,000 commitment from a major financial services firm.
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“We are prepared for a whole raft of financial needs that people will be experiencing because of coronavirus outbreak,” said Rabbi David Rosenn, [HFLS] Executive Director.
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