Jewish Free Loan Association is a nonprofit lending organization, offering zero-interest, zero-fee loans to individuals, families, students, small businesses, and nonprofits in Santa Barbara County. We make loans to people of all faiths and backgrounds. No collateral needed, just a source of income and qualified guarantors to sign onto the loan. Apply at www.jfla.org or by downloading the mobile app. JFL offers:
-
Personal/Emergency loans up to $15,000 are available for all sorts of needs including housing stability (rent, moving expenses, security deposits, Section 8 housing, basic furniture, and emergency home repairs), student debt consolidation, access to medical and dental care, transportation, and more.
-
Small business loans up to $50,000 are available for all sorts of business needs including start-up costs, rent, salaries and benefits, inventory, marketing expenses, renovations or expansion, and more.
-
Student loans up to $10,000 are available for full or part-time programs including undergraduate degrees, nursing, medical, dental school, or other graduate school programs, community college, vocational/trade, and more.
-
Nonprofit loans up to $200,000 are available to nonprofit organizations for organizational expenses including marketing, staffing, renovating your office, purchasing equipment, updating security, computers, or other infrastructure needs.
About JFL’s nonprofit loans:
Jewish Free Loan Association provides zero-interest, zero-fee loans of up to $200,000 to nonprofit organizations. Loans are repaid in 36 months. They are here to support your mission without adding financial strain.
JFL understands the unique challenges nonprofits face—whether it is covering marketing expenses, staffing, renovating your office, purchasing equipment, updating security, computers or other infrastructure needs. These essential costs can stretch any community nonprofit’s budget.
Loans are considered on a case-by-case basis. To apply for these loans, your organization must be in Los Angeles, Ventura or Santa Barbara County. JFLA requires at least 1 qualified guarantor for every borrower. Your guarantors must have good credit and a steady income. For more information or to apply, visit the website, www.jfla.org or download the mobile app.
Leave a Response