JEWISH FREE LOAN TORONTO/

INTEREST-FREE LOANS FOR JEWISH RESIDENTS OF ONTARIO IN NEED

We offer 0% interest loans for emergencies, living expenses, medical and dental care, Jewish life-cycle events, education and new businesses.

 

Jewish Free Loan Toronto helps individuals and families in need navigate challenging times and reach financial independence.

Loan Process

Getting a loan from JFLT is fast. But it is not automatic.

Here is the process:

After you send us your application and supporting documents….

  1. Review by our office.
  2. Interview with members of our Loan Committee.
  3. Evaluation by our Loan Committee.
  4. Notification of approval or rejection.

Normal timeline:  2-4 weeks from receipt of a complete application.

If approved…

  1. Submit final documentation.
  2. Loan amount is deposited into your bank account.
  3. Repayments begin one month later.

COVID-19 LOAN

JFLT has created a new, emergency COVID 19 Loan up to $8,000

Completely Interest-Free

To help our community deal with the financial fallout of the pandemic, Jewish Free Loan Toronto has created a new, emergency COVID 19 Loan. If you need help paying for childcare, making up lost wages or compensating for any COVID related loss, we are here to help.

PERSONAL LOANS

Loans up to $10,000

To help with such things as  bills, rent, medical & dental emergencies, burials, monuments and Simchas (e.g. weddings Bar and Bat Mitzvahs)

EDUCATIONAL LOANS

Loans up to $12,000

To assist with the costs associated with studying at a university, college or trade school in Canada or abroad.

FERTILITY & ADOPTION

Loans up to $10,000

Loans to help with the costs associated with fertility treatments or adopting a child.

JEWISH SCHOOL LOANS

JFLT is pleased to offer Jewish School Loans up to $12,000

BRAND NEW!!

This loan was introduced in order to help defray the heavy cost of tuition at Jewish schools.

IMAGINE A GIFT/

THAT KEEPS ON GIVING

A Gift

A gift to Jewish Free Loan Toronto is a gift that helps people now and in the future.

Recycled in Perpetuity

As every dollar that is donated to JFLT is loaned out, repaid and then loaned out again, all donations are recycled in perpetuity.

Helping Others

Your support will change many peoples’ lives now and in years to come.

DONATE

Your support helps make loans possible today and for generations to come.