Jewish Free Loan Association

By June 8, 2021 No Comments

To qualify for a small business loan,

  • You must be a permanent resident of Los Angeles or Ventura county.
  • You must have credit scores of 580 or better, can demonstrate need, and have the ability to repay the loan.
  • Your guarantors, if needed, need to have good credit and steady income.
  • You must submit all documents electronically to JFLA before your virtual interview.
  • You understand that a loan application is not automatically approved and is subject to review by the JFLA Loan Committee.

Following are the loan amounts you can apply for:

  • $5,000 (Credit Score 580+ with no guarantors)
  • $10,000 (Credit Score 580+ with 1 guarantor)
  • $20,000 (Credit Score 580+ with 2 guarantors)
  • $36,000 (Maximum available with 2 guarantors)

All applications are submitted online at www.jfla.org