Co-Presidents Tamar & Marshal Granor talked about HFL's history and mission on Philadelphia Agenda with Brad Segall on Sunday, September 7. You can find the podcast here.
Who are we?
The Hebrew Free Loan Society of Greater Philadelphia provides interest-free loans to members of the Philadelphia Jewish community. Borrowers must live in the Philadelphia area (including some parts of South Jersey). Credit-worthy co-signers are required for all loans.
Getting a loan
We also offer loans to help start a new business or refocus an existing business. Business loans are available to both Jews and non-Jews. Business Loans
How can you help?
Our loans are funded entirely from donations. Payments from borrowers are returned to our loan fund, so the same dollars can be recycled many times. In addition to cash, we also accept donations of cars and other motor vehicles.
Making a donation
Hebrew Free Loan Societies are based on the Biblical injunction "If you lend money to My people, to the poor among you, do not act towards them as a creditor; exact no interest from them." (Exodus 22:24)
This video explains what Hebrew Free Loans do and why.