Alternative Financing

Alternative Financing · Loan Fund Information Sheet · Personal Credit Application · Loan Program Brochure · Spanish Finance Brochure · Creole Finance Brochure

You can view Powerpoint presentations and the audio recordings (MP3 files) from the June 28, 2007 webinar on AT Funding Databases (Florida and Colorado) and the July 2 webinar on RSA Program Review Blogs are now posted on the NATTAP website.  To access them, go to the “Grantees only” section at
www.resna.org/taproject <http://www.resna.org/taproject> . 
 
Username: grantees
Password: assist
 
The audio files are large and will take a few minutes to download. 
  
                                         

                                             FAAST can put you on the road to success.

FAAST partners with banking institutions to provide loans with favorable interest rates to consumers who need help financing an AT purchase. AT allows individuals to overcome barriers to independence education and employment by providing them with the tools and technology that would allow them to experience the highest degree of inclusion possible. You can borrow from $500 to $20,000 to purchase things like vehicle or home modifications, adaptive computer equipment, scooters, etc.

                                                                 Loan Program Notice
The FAAST Alternative Finance Program is pleased to announce that during the January 19, 2007 meeting of the FAAST Board of Directors, the moratorium on vehicle loans was lifted.

The following changes have been made to the AFP Loan Policy to allow us to continue to serve our consumers needs for modified vehicles.

Eligible Vehicles must meet the following criteria

  • 4 years old or newer
  • 50,000 miles or less
  • For vehicles that are not current year (2007) models, FAAST will require a vehicle inspection from a mechanic.

The Florida Alliance for Assistive Services & Technology (FAAST) Alternative Financing Program (AFP) provides loans to Floridians with disabilities for the purpose of acquiring assistive technology, other equipment, or other authorized purposes designed to help such individuals become more independent and self-sufficient.

 Applicant for loans through the FAAST AFP must meet the criteria of being a "qualified borrower" and must be purchasing assistive technology or meet other authorized purposes of the FAAST AFP.  Additionally, applicants must meet any income and credit criteria established by the FAAST AFP in order to obtain a loan from the FAAST AFP.

A Qualifying Borrower is defined as any resident of Florida with a disability, or who has a family member with a disability.  Qualifying borrowers must demonstrate:
1) that the loan will be used to acquire assistive technology or other equipment designed to help one or more  persons with disabilities to improve their independence or become more productive members of the community, and 
2) the ability to repay the loan.

Assistive technology may include, but is not limited to:
     • Computers with voice input/output, Braille output, or modified keyboards
     • Telecommunication devices for the deaf or hard of hearing
     • Hearing aids
     • Low vision aids
     • Home modifications for accessibility
     • Motor vehicle modifications for accessibility
     • Wheelchairs, scooters, or other mobility devices
     • Durable medical equipment (orthotics, prosthetics, etc.)
     • Vehicles with modifications (including vehicles completely modified at a factory)

Vehicles that do not require modifications (such as hand controls, ramps, etc.) to accommodate a disability and computers that do not require modifications to accommodate a disability (voice input/output, large print, etc.) are not considered to be assistive technology for the purpose of this loan program.

The FAAST AFP will not approve loan refinancing.

Complete the FAAST AFP Credit Application, answer all questions, and mail application to:

FAAST Alternative Financing Program
325 John Knox Road, Bldg. 400, Suite 402
Tallahassee, Florida 32303-4151

If you need assistance in completing the application,
call FAAST at 850-487-3278, ext.107 or 888-788-9216 ext.107.