Notice: December 15, 2020
The Kentucky Assistive Technology Loan Corporation (KATLC) will be going through a reorganization in 2021. As a part of this process, KATLC will be looking for a new lending partner. The Board of Directors anticipate this being a six to nine month process. After December 30, 2020 at 2:00 p.m. (EST), KATLC will not be processing any additional loans. We are encouraging individuals to submit their application as soon as possible. The best mechanisms for submitting an application is by fax, 502-564-6745 or by e-mail, firstname.lastname@example.org. When submitting applications, please be sure that the applications are complete and the supporting documentation is included. We will make every effort to request any information that is missing but cannot guarantee that the application will be processed if it is incomplete.Should the reorganization take less time we will notify you as well as posting on the website. If you have any questions, you may contact us at email@example.com or 1-877-675-0195.
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 $10 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 4.25%
Prime Plus 1.00%
(Subject to change - Call for current rate)