Jewish Free Loan Toronto was founded in 1924 with the sole purpose of helping people help themselves. It currently has more than 800 active loans worth over $3 million circulating in the Community. In the early 1900's, many European Jews arrived in Canada in search of a better life. As procuring employment proved difficult (especially for the observant) early versions of communal loan societies sprung up.
Some offered start-up loans for small business ventures while others such as the Loan Cassa helped settle Jews in agricultural areas. As Cassa evolved, it joined forces with the United Jewish Relief Agency and the Canadian Jewish Congress, and also began to offer business loans. In 1911, a Free Loan Society was formed in Toronto under the name of Associated Hebrew Charities.
Some offered start-up loans for small business ventures while others such as the Loan Cassa helped settle Jews in agricultural areas. As Cassa evolved, it joined forces with the United Jewish Relief Agency and the Canadian Jewish Congress, and also began to offer business loans. In 1911, a Free Loan Society was formed in Toronto under the name of Associated Hebrew Charities.
Services
We offer interest-free Personal, Educational, Fertility and Business Loans to those in need. Business loans, which must be for the relief of poverty are given only to people who will rely on the new business as their sole source of income. This loan was introduced in order to help defray the heavy cost of tuition at Jewish schools.
Non-guaranteed personal loans of up to $3000 introduced to help people in need who could not secure co-signers. A senior citizen received $1,000 to help pay his rent while waiting for his pension to arrive. At the time of the loan, this senior only had $2.00 left in his bank account. Please note: The submission of your loan application does not create any legal obligation on JFLT to provide the requested loan.
Jewish Free Loan Toronto provides Education Loans of up to $12,000 to help Jewish students attain their academic goals. Completed Promissory Note (with the original signature of the applicant and the guarantors). Since JFLT Educational Loans are intended to supplement existing financial assistance programs, if your school is OSAP-eligible, you must include proof of application to OSAP.
JFLT can provide business loans of up to $10,000 to support the start-up costs of a new business by a Jewish resident of Ontario. As JFLT complies with Canada Revenue Agency regulations - Business Loans will only be granted for the relief of poverty. These loans are for new ventures only and will only be given to people for whom this new venture is their sole source of income.
Jewish Free Loan Toronto is committed to helping parents defray the heavy cost of tuition at Ontario Jewish schools. Parents who have children enrolled in any Jewish Day or Afternoon school in Ontario can apply1. Monthly repayments are $20 a month per $1000 borrowed. So, if you borrow, $1000 you pay back $20 a month and if you borrow $12,000 you pay back $240 a month.
Reviews (6)
Tylor Bergman
Sep 16, 2020
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Raju Singh
May 27, 2020
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HELLO EVERYONE I AM FREE FROM BANKRUPTCY THROUGH THIS COMPANY
I saw this massages (I have a very important message to share with everyone/anyone in need of a loan from a genuine lender. ), sometime last year but i didn't believe in it i ignored it but during this locked down of nations i couldn't provide for my family anymore as we already have a… huge debt on ground because my business wasn't moving fine, but last week i contacted this company to try them and believed them for a loan behold i couldn't believe it that i was credited with the exact amount of loan i requested i was so shocked
I saw this massages (I have a very important message to share with everyone/anyone in need of a loan from a genuine lender. ), sometime last year but i didn't believe in it i ignored it but during this locked down of nations i couldn't provide for my family anymore as we already have a… huge debt on ground because my business wasn't moving fine, but last week i contacted this company to try them and believed them for a loan behold i couldn't believe it that i was credited with the exact amount of loan i requested i was so shocked
Mohd Afzal Khan
Sep 24, 2019
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GREAT TESTIMONY ON HOW I GOT MY LOAN
I have a very important message to share with everyone/anyone in need of a loan from a genuine lender. I'm happy to share this note with everyone after what myself and my wife went through in the hands of some pathetic hoodlums claiming to offer some sort of loans. It's very difficult to get a genuine lender and… thanks be to Jones Paul Loan firm who helped me, my families and friends without having to fork out money for unending fees. Contact them via Email:jonescreditcustomerservice@gmail.com WhatsApp Mobile no: +14092008908
I have a very important message to share with everyone/anyone in need of a loan from a genuine lender. I'm happy to share this note with everyone after what myself and my wife went through in the hands of some pathetic hoodlums claiming to offer some sort of loans. It's very difficult to get a genuine lender and… thanks be to Jones Paul Loan firm who helped me, my families and friends without having to fork out money for unending fees. Contact them via Email:jonescreditcustomerservice@gmail.com WhatsApp Mobile no: +14092008908
Charlotte Wilbanks
Jun 07, 2019
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Hi, I would like to share my experience with you guys on how I got a loan to pay the duty tax of my bank draft and to start up a new business. I was at the verge of loosing all my belongings due to the bank draft I took to offset some bills and some personal needs. I became so desperate and began to seek for funds at all means. Luckily for me I… heard a colleague of mine talking about this company, I got interested. Although I was scared of being scammed, I was compelled by my situation and then I began to look online and ran into their number +1(661) 568-1239 and email at: (honglina091
Shai Abraham
Jan 03, 2018
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Jodi Stone
Sep 23, 2014
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