KATCO Loan Program By: Sara Sack, Ph.D Assistive Technology for Kansans (316) 421-8367 Assistive Technology for Kansans KATCO Increasing Access to Assistive Technology and Increasing Financial Power Loan Guarantee & Revolving Loan Program ? Individual obtains loan application ? Regional Access Site investigates eligibility for public assistance, availability of donated equipment, or need for trail use of equipment. Helps consumer apply for assistance if eligible. ? If not eligible, or individual chooses to pursue private funding, AT Access Site assists in completing the application. ? Credit Union obtains credit history and determines whether the loan can be made without being secured. ? If a guarantee is required, the application is reviewed by the consumer loan committee. ? The loan is made or the steps to increase credit worthiness are identified. ? Loans are made at rates that vary from 5.5% to 9.9% ? $120,000 has been loaned in the last 9 months