The Hebrew Free Loan Society provides interest-free loans to low- and moderate-income New Yorkers in need. HFLS loans are a lifeline to our borrowers, who often lack safe and affordable ways to borrow money that enables them to invest in higher education, start a small business, or meet emergency expenses.

Our repayment rate is over 99%, and when borrowers repay their loans, the funds are immediately lent out again and again, increasing impact of the same dollars over time. Since 1892, we have lent over $300 million to more than 875,000 borrowers in need.