EMERGENCY LOAN APPLICATION: COVID-19
In response to Covid-19 (Corona virus) outbreak, The Hebrew Free Loan Association of Greater Washington (HFLAGW) (Lender) is proud to provide zero-interest emergency loans to qualified Jewish borrowers (Borrower) in need across the District, Maryland and Northern Virginia.
While the virus continues to affect our community, HFLAGW is offering emergency loans up to $2,500 to help with expenses related to the outbreak (for example, medical expenses, lost wages, additional childcare needs, etc).
These loans will be processed and finalized on an expedited basis, typically within 3 business days.
Repayments terms: Repayments will be $100/month for 25 months, beginning either at the time the loan is initiated or up to three months after loan initiation, at the option of the borrower.
Larger loan options: If you are in need of a larger loan (up to $15,000), please review our loan guidelines here and consider applying for a traditional HFLAGW loan.
- Loan applications will be reviewed in the order they are recieved by HFLAGW staff and board.
- If approved, HFLAGW staff will send loan documents to the applicant within 3 business days of receipt of the loan application.
- Once the loan documents, including promissory note, are signed and returned, HFLAGW will send the money to the borrower.
Thank you to the Jewish Federation of Greater Washington for their support of the Hebrew Free Loan Association of Greater Washington's emergency loans.
Questions? Please contact Shuli Tropp, Executive Director at email@example.com or 301.859.0346.