The Kentucky Assistive Technology Loan Corporation (KATLC) offers low interest loans for qualified applicants with disabilities who need assistive technology.
Working with its lending partner, Fifth Third Bank, KATLC can provide loans for modified vehicles, hearing aids, adapted computers, mobility devices, augmentative communication devices or any other type of equipment or home modification that will improve the quality of life or increase the independence of Kentuckians with disabilities.
Established by state statute in 1996, KATLC is governed by a seven-member Board of Directors, four of whom must have disabilities, that review all applications. KATLC made its first loan in the summer of 2000 and now has provided more than $7 million in loans to Kentuckians with disabilities to enable them to obtain the assistive technology they need, making it one of the most active assistive technology alternative financing programs in the nation.
The Kentucky Office of Vocational Rehabilitation currently provides staff support to the Board of Directors and the KATLC program.
INTEREST RATE OF 5.75%
Prime Plus 1.25%
(Subject to change - Call for current rate)