Show Me Loans are low-interest financial loans available to enhance the independence of Missourians with disabilities or age-related changes. There are four types of Show Me Loans available: General AT Loan, Micro Loan, Accessible Vehicle Loan and WorkAbility Loan.
Show Me Loans Available
This loan is for most types of AT devices and services including hearing aids, home adaptations to a family or individual owned home, vehicle adaptations for a family or personal owned vehicle, seating and positioning devices, communication devices, adaptive recreation aids, etc. Loans from $500 to $15,000 are available.
Loans under $500 to be used to purchase assistive technology, durable medical equipment (DME), or for device or DME repair. Examples include wearable devices, tablets with AT apps, computers, home automation devices, etc. Device warranties, shipping costs, maintenance agreements and similar costs can be included in the loan amount.
For communication devices, written verification of a successful device trial or of a device evaluation is strongly encouraged.
Micro loans can be used to purchase refurbished DME, but only through Accessibility Medical and must include a warranty purchased through them. Accessibility can ship devices statewide.
Financing up to $50,000 for an accessible or converted driver or passenger access vehicle. (A limited number of accessible vehicle loans are made per year, please call our office before applying.) Loan terms vary and are connected with the age of the vehicle. Vehicles cannot be more than 9 years old. Call our office for questions regarding the loan terms.
Financing for employment-based and related equipment and devices. Loans range from $500 to $15,000. Loans must be related to one of the following:
Show Me Loans Application
IF A SHOW ME LOAN IS NOT AN OPTION
Financial literacy and understanding credit are important issues for families and persons with disabilities needing assistive technology. A variety of useful resources exist to help learn more.
Are you looking for funding options other than financing with low repayment interest rates?
If you qualify, open a STABLE account with MOABLE. Assistive Technology is a qualified expense with the MOABLE program. To learn more about STABLE Accounts, what the benefits are, and who is eligible, visit their MOABLE.