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Hfla Loan | Hfla Of Northeast Ohio

Resource Name:Hfla Loan | Hfla Of Northeast Ohio

Hfla Of Northeast Ohio

address

1422 Euclid Avenue, Suite 400, Cleveland, OH 44115

Designated Parking.

Eligibility

Eligibility Applicable to All Loan Types:
  • Serves residents of Northeast Ohio counties of Summit, Medina, Lorain, Portage, Cuyahoga, Geauga, and Lake.
  • Must have the ability to repay the loan on a monthly basis.
  • Contact agency for specific financial requirements.
  • Standard and Education loans require a co-signer if over $1,500.

Required documents

Will be requested as needed.

Hours

Same as site hours.

Languages

Limited Spanish.

Application process

  • Visit the website to complete an electronic application.
  • Summit and Medina county residents can schedule an appointment at the Financial Empowerment Center (FEC) for assistance applying for a HFLA loan.

Fees

No fees or interest, except for business loans which have a small fee to file the UCC. Loans must be repaid.

Service area

Portage County, Ohio Lorain County, Ohio Summit County, Ohio Medina County, Ohio
Provides interest-free loans. Includes:
  • Standard Loan of up to $10,000 for people who cannot access traditional financing.
  • Education Loan of up to $5,000 for:
  • Traditional 2 and 4 year degrees
  • Educational Loan of up to $10,000 for:
  • Graduate and post-graduate studies.
  • Certification programs.
  • Trade schools.
  • Coding boot camps and other accredited “short term” programs.
  • Study abroad programs.
Business Loan of up to $20,000. Requires more documentation than other loans. There are agencies that can assist in process. Agency has a Uniform Commercial Code (UCC) lien against business assets for the duration of the loan.

Last Verified

06/11/2026

Providing organization

Hfla Of Northeast Ohio
Helps students, businesses, and residents of Northeast Ohio attain financial stability through interest-free lending.

Data provided by

211 Summit