Business Loans

HFL_SLI_Nov2014-3404Michigan is an active and growing center for entrepreneurship, and Hebrew Free Loan continues our tradition of providing interest-free loans to help entrepreneurs in our Jewish community.

Marvin I. Danto Small
Business Loan Program

Thanks to the generosity of Stephen and Nancy Grand and to Marvin I. Danto and the Danto family, Hebrew Free Loan can provide qualifying Jewish entrepreneurs in Michigan interest-free loans up to $100,000 to support business start-ups and expansions.

The Marvin I. Danto Small Business Loan Program has funding available for a variety of business models. Interviews and loans are granted on a case-by-case basis. We require co-signers, 51 percent Jewish ownership, and payback terms generally fall within 36 to 48 months.

In very select cases, Hebrew Free Loan may also partner with one of our local community banks to collateralize part of a qualifying Danto Small Business Loan. This can be a complicated process, so let’s please talk first!

All Marvin I. Danto Small Business Loan Program applications begin with an email or a phone call to determine eligibility.

Please contact Rob Schwartz at rschwartz@hfldetroit.org or at 248-882-7909.