DakotaLink Low Interest Loan Fund

The DakotaLink Assistive Technology Loan Fund offers low-interest, extended term loans to enable individuals with disabilities in South Dakota a financing option specifically designed to purchase assistive technology equipment and devices, home access improvements or vehicle access modifications.

Individuals with disabilities in South Dakota and their family members may apply for loans to purchase wheelchairs, electric scooters, hearing aids, augmentative communication devices, electronic print enlarging devices and for other equipment made for people with disabilities

Who is Eligible to Apply?

Individuals with a disability, or a family member of someone with a disability, can apply, and must be buying assistive technology that will enable one or more individuals with a disability to become more independent.  A Loan Committee reviews all applications. If an applicant has credit history problems, they may wish to contact the program first to ask about applying. People with credit history problems may also consider applying with a co-applicant with a more favorable credit history.

What are the Terms of the Loan?

Loans from $500 up to $20,000 are available through the program. The interest rate is 5%. The term of the loan will depend in part on the type of equipment or modifications you are seeking to finance.

Can I use the loan for Home Access Modifications?

Homeowners may be eligible to receive loans for home modification purposes such as wheelchair ramps, stairway lifts, widening doorways, and bathroom modifications and more. Loans toward the general repair or purchase of homes are not available.

Can I use the loan for Vehicle Access Modifications?

People may get loans for disability-related changes to motor vehicles such as wheelchair lifts, ramps, or hand controls. We offer financing for accessible equipment on new or used vehicles, up to $20,000.   A mobility vendor can help with breaking out the cost difference between the vehicle itself and the cost value of the components that make the vehicle accessible.

How do I Apply?

Download and fill out the application, print the entire application and then, sign, attach the required supporting paperwork. Supporting paperwork required is:

Documentation for everyone on the loan that shows monthly or annual income.

Documentation that explains the disability for the person needing the assistive technology.

A document listing what you need to buy, the cost of the item(s), and the place you will buy it.

A copy of a state identification card or driver’s license for everyone on the loan.

Mail the original application packet to:

DakotaLink, 1161 Deadwood Ave, Suite 5, Rapid City, South Dakota 57702

If you need a paper copy sent to your home, or have questions, please call 605-394-6742 or 1-800-645-0673 or email at atinfo@dakotalink.net