Toronto Care Fund Gemach
Support areas:
- High-interest
- Business
- credit card &
- loans
- mortgage debt
Financial strain due to illness
Our mission is to provide financial support to people struggling with daily expenses and overwhelming debt.
How It
Works
Loan Amount:
Up to
$25,000
Loan Term:
Maximum term of 3 years. To be repaid in monthly installments, starting within 3 months of the loan term.
Guarantors:
All loans require at least one guarantor. Guarantor should be local and someone who has the financial ability to repay the loan if the borrower defaults on payment.
Step by Step:
Reach out:
1
Email your inquiry to bmotzen@onetoronto.org. We will respond within 1-2 business days and if eligible, provide a loan application form
Submit Online
Application
2
We will review your application and aim to confirm approval within 10 business days.
Approval &
Additional Forms
3
Once approval of the application is confirmed, you must complete and submit additional online forms for review.
Sign Documents & Receive Cheque
4
Sign your loan documents, and we’ll arrange a post-dated cheque drop-off.
