Breaking Update
Fast Track Loan Fund Launched for Iran War-Affected Businesses
Small businesses affected by the Iran-Israel war can apply for a fast tracked loan, after the launching of a 15 million shekel ...
Jerusalem, 3 July, 2025 (TPS-IL) — Small businesses affected by the Iran-Israel war can apply for a fast tracked loan, after the launching of a 15 million shekel fund.
Platform lender Spark IL has promised immediate relief for businesses such as restaurants and shops that had to close or had significantly less customers due to the nationwide lockdown, particularly in sites where missiles landed.
CEO Naama Or said: “The Israeli economy, which has been in a state of long war, has found itself entering a new arena. A state of emergency in which every day there are warnings, alarms and the fall of missiles from Iran that cause great destruction all around.
“The new situation required us to immediately mobilize with all our might for the benefit of small businesses.”
