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Israel Launches Relief Package for War-Affected Businesses

4/15/2026

Summary

Story summary

The Israel Finance Ministry announced a relief package for small and medium-sized businesses affected by the war with Iran.
Eligible businesses can apply for loans at a 1.7% prime rate with reduced collateral.
Israel Finance Minister Bezalel Smotrich emphasized aiding business owners during this period.
Isracard's business platform and the Jewish Federations of North America extended NIS 135 million in subsidized credit to about 1,500 businesses, preserving roughly 15,000 jobs.

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Story summary

The Israel Finance Ministry announced a relief package for small and medium-sized businesses affected by the war with Iran.
Eligible businesses can apply for loans at a 1.7% prime rate with reduced collateral.
Israel Finance Minister Bezalel Smotrich emphasized aiding business owners during this period.
Isracard's business platform and the Jewish Federations of North America extended NIS 135 million in subsidized credit to about 1,500 businesses, preserving roughly 15,000 jobs.