{"id":903,"date":"2012-04-25T16:27:49","date_gmt":"2012-04-25T20:27:49","guid":{"rendered":"http:\/\/www.equipmentlink.org\/blog\/?p=903"},"modified":"2012-04-25T16:27:49","modified_gmt":"2012-04-25T20:27:49","slug":"workability-loans-4262012","status":"publish","type":"post","link":"http:\/\/www.equipmentlink.org\/blog\/?p=903","title":{"rendered":"WorkABILITY Loans, 4\/26\/2012"},"content":{"rendered":"

WorkABILITY LOAN PROGRAM<\/span><\/h2>\n

A Program of the Maryland Technology Assistance Program \/ Maryland Department of Disabilities, the WorkABILITY Loan Program helps Maryland residents with disabilities qualify for low-interest loans to buy equipment to gain or maintain employment. <\/span><\/p>\n

Who Can Apply?<\/strong><\/span><\/p>\n

Anyone who intends to use the loan to buy equipment for a Maryland resident with a disability to enable him or her to establish home-based work or start a small business. By increasing opportunities to home-based work and self-employment, current barriers to employment such as inadequate transportation, fatigue, inaccessible work environments, and the need for personal assistance are reduced and eliminated.<\/span><\/p>\n

Will Everyone Be Able To Get A Loan?<\/strong><\/span><\/p>\n

No. You must have a good likelihood of repaying a loan. The program will look at your income, debt, credit history, etc. Some applicants will be denied.\u00a0 But the program’s criteria -much less stringent than banks use- will enable many people to get loans whom banks would turn down.<\/span><\/p>\n

How Much Can I Borrow?<\/strong><\/span><\/p>\n

From $500 to $50,000. * Unsecured loans available up to $7,500. Other restrictions may also apply.<\/span><\/p>\n

What Is The Interest Rate?<\/strong><\/span><\/p>\n

All loans have below-market interest rates. Most loans have rates below prime.<\/span><\/p>\n

What Types Of Equipment Can Loans Be Used To Buy?<\/strong><\/span><\/p>\n