Show Me Loans - Low Interest - Loan Program
Show Me Loans is a low-interest loan program to enable Missourians to purchase assistive technology equipment and devices, home access modifications and vehicle access modifications for persons with disabilities in Missouri.
Loans can be applied for by Missourians with disabilities, family members, etc. for wheelchairs, electric scooters, hearing aids, computers, augmentative communication devices, electronic print enlarging devices and for other equipment made for people with disabilities. Loans may also be made for the costs of assistive technology services such as an evaluation or trainings to learn how to use a device.
Home Access Modifications - Loans may be obtained for home modification purposes such as: wheelchair ramps, stairway lifts, widening doorways, and bathroom modifications and more. Loans toward the purchase of homes are not available.
Vehicle Access Modifications - Persons may obtain loans for disability-related modifications to motor vehicles such as wheelchair lifts, ramps, or hand controls. Loans for purchases of vehicles cannot be made.
What are the Terms of the Loan? From $500 up to $10,000 may be borrowed through the program. For most borrowers, the interest rate is from 2% to 4%. The exact rate will depend on your income. You may contact us at the number below if you have questions about interest rates. The term of the loan will depend in part on the type of equipment or modifications you are applying for. The longest term provided is 60 months.
Who is Eligible to Apply? Individuals with a disability, or a family member or someone with a disability, can apply, and must be purchasing assistive technology that will enable one or more individuals with a disability to become more independent. Loan applications are reviewed by a review committee. If an applicant has credit history problems, they may contact the program first to inquire about applying. Applicants with credit history problems may also consider applying with a co-applicant with a more favorable credit history.
How do I Apply? You can obtain a loan application form by calling the number or e-mailing the address below. You may also contact us to have any questions answered about the application form.
For more information, contact Missouri Assistive Technology at (800) 647-8557. You may also send an e-mail to mexline@swbell.net.