Hebrew Free Loan Society

NYC small businesses and entrepreneurs are getting a major boost.

The NYC Comptroller’s Office and the Hebrew Free Loan Society have launched an $8 million initiative offering 0% interest loans of up to $60,000 for eligible businesses across all five boroughs. Access to affordable capital is essential for businesses to grow but too often, financing remains out of reach for many entrepreneurs.

This initiative will prioritize businesses located in neighborhoods with high storefront vacancy rates and historically marginalized communities.

Applications are now open! For eligibility details and how to apply. https://comptroller.nyc.gov/services/for-businesses/zero-interest-loans/

Big news for NYC small businesses! 📣 HFLS, in partnership with NYC Comptroller Mark Levine, is expanding access to small business capital across all five boroughs with $8 million in 0%-interest Small Business Loans. Eligible entrepreneurs can apply for loans up to $60,000 to help launch, sustain, or grow their businesses — with no interest and no fees.

“Small businesses are the lifeblood of every neighborhood in NYC,” said HFLS President & CEO Rabbi David Rosenn. “We’re proud to offer an interest-free option designed to meet the needs of mom and pop small businesses in every borough.”

Read the full article by Adam Daly for amny here:

NYC small businesses could get zero-interest loans up to $60K under new program | amNewYork Small business owners struggling to access affordable capital could qualify for zero-interest loans of up to $60,000 under a new citywide partnership that

Happy Shavuot to all who celebrate! 🌾📖

Wishing you a joyful and meaningful holiday as we reflect on the giving of the Torah at Mount Sinai — a time of learning, community, and tradition.

🎓 The Hebrew Free Loan Society is currently administering three Scholarship programs on behalf of UJA-Federation of New York, distributing approximately $1 million annually to students with financial need.

Scholarships are available for students attending undergraduate, graduate, and professional schools.

Learn more and apply today! HFLS.org/scholarship

This International Nurses Day, we’re celebrating the HFLS borrowers who are nurses — and those studying to become nurses — who dedicate their lives to caring for others, improving health outcomes, preventing disease, and responding to emergencies across NYC. 💙

At a time of growing need for nurses in the healthcare field, the cost of tuition may discourage students from pursuing this degree. With support from an HFLS interest-free loan however, students can overcome financial challenges and continue their journey toward a rewarding career in healthcare.

Please join us in thanking nurses for their unwavering dedication, compassion, and resilience.

Pictured: Mina, Djamilatou, Yuliya

“I remember when we got the confirmation email, like we both just sat and cried and hugged each other,” James said. “It was just so difficult to move across the country, and it would not have been possible without the interest-free Move to Thrive Loan from HFLS and Keshet."

Since HFLS and Keshet launched Move to Thrive, an interest-free loan program to support LGBTQ+ people moving for their safety, we’ve received over 400 inquiries and disbursed $274,500 in 0%-interest loans. A big thank you to JTA News and Grace Gilson for the coverage.

Read More:

As anti-LGBTQ laws spread, these Jewish nonprofits are funding moves to safer states - Jewish Telegraphic Agency Keshet and the Hebrew Free Loan Society have disbursed more than $270,000 in loans for LGBTQ people fleeing hostile political climates.

HFLS's outreach team is here at the Home Care Association of New York State (HCANYS) conference meeting with member agencies that employ low- and moderate-income health care professionals, the workers who make it possible for so many New Yorkers to care for aging parents and loved ones.

Over the past year, HFLS has distributed significant financial assistance to home health aides and other lower-income professionals, helping them manage unexpected expenses before they become full-blown financial crises.

These essential workers care for our loved ones every day. We’re proud to support them with access to safe, affordable interest-free loans that help them create stability, dignity, and opportunity in their own lives.

Wishing all who celebrate a sweet and liberating Passover.