What is a Hebrew free loan?
HFLS offers interest-free loans of up to $50,000 to help. entrepreneurs launch or expand a small business, or to. help businesses impacted by COVID-19.
Do Jews get interest-free loans?
The Torah and Talmud encourage lending money without interest. But the halakha (Jewish law) that prescribes interest-free loans applies to loans made to other Jews, however not exclusively.
What is a free loan fund?
Gemach (Hebrew: גמ"ח, plural, גמחים, gemachim, an abbreviation for גמילות חסדים, gemilut chasadim, "acts of kindness") is a Jewish free-loan fund that subscribes to both the positive Torah commandment of lending money and the Torah prohibition against charging interest on a personal loan to a fellow Jew.