New Horizon Loan Program
The New Horizon Loan Program is an alternative assistive technology finance program under the Assistive Technology Act of 2004, Section 4 (e)(2)(A). The purpose of this program is to assist individuals with disabilities finance assistive technology at reasonable interest rates.
The program also offers a telework and self-employment loan, which can assist with the funding of assistive technology and equipment for individuals for work or seeking self-employment opportunities.
While the first hope for applicants is available funding sources such as grants, benefits, and gifts. The team at FAAST understands this is not always the case.
The New Horizon Loan Program can be a great alternative in these situations and provides loans with preferred interest rates, flexible terms, and no prepayment penalties.
While the NHLP still has requirements for credit and debt to income, they are typically more flexible or lower than traditional banking requirements.
These are a few of the things that can be financed through our Loan Program
Financial Loans for Vehicle Modifications such as Hand Controls, Lifts, ramps, and more!
Telework Business Loans
Loans to help you get back into the workforce
- Hearing and Vision Aids
- Home Modifications & Environmental Controls
- Communication Devices
- Durable Medical Equipment
- Adapted Computers
- Modified or Accessible Vehicles
- Recreational Equipment