Arizona Access Technology Program – Arizona Loan$ for Assistive Technology (AzLAT)

Address: 2400 North Central Avenue, Suite 300
Phoenix, AZ 85004
Phone: (602) 728-9534 Fax: (602) 7289535 Email: Martha.Lewis@nau.edu Website: http://www.azlat.net/

AzLAT is an alternative financing program designed to assist individuals with disabilities to borrow money at affordable rates for the purchase of assistive technology. S.E.E.D. Loan$ is a similar program that targets persons with disabilities who are seeking employment through telework or self employment opportunities.  Qualified applicants (persons who can demonstrate ability to repay the loan) may be approved to borrow money in amounts ranging from $500 to $10,000. Pre-loan support services, flexible repayment terms, below market interest rates, and no prepayment penalties are features of these unique programs.  They both offer unique consumer responsive services not often found through more traditional lenders:

The Arizona Technology Access Program operates two financial loan programs:

    Arizona Loan$ for Assistive Technology (AzLAT)
    
    S.E.E.D. Loan$ – Self Employment for Entrepreneurs with Disabilities
 

Loans from AzLAT can be used to pay for a wide range of assistive technology devices.

AzLAT uses the federal definition of assistive technology as its guide for lending purposes: “Assistive technology is any item, piece of equipment or product system whether acquired commercially off the shelf, modified or customized that is used to increase or improve functional capacities of individuals with disabilities.

 

Eligibility:  In order to be eligible for a loan, applicants (persons with disabilities or others on their behalf) must:

  • Be current Arizona residents.
  • Have the legal capacity and/or ability to enter into a contractual relationship for a loan.
  • Demonstrate that the loan will be used to purchase assistive technology for a person with a disability.
  • Demonstrate ability – through sufficient monthly income and credit worthiness – to repay the loans.
  • Have an existing savings or checking account with a financial institution or be willing to open an account so that monthly loan payments can be automatically withdrawn in a direct debit from the account.

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