484-895-1188 ∙ lvpowerstairlifts@gmail.com

Stair Lift Financing

Pennsylvania Assistive Technology Foundation (PATF) provides low-interest loans and financing for eligible residents needing stair lifts in Pennsylvania. PATF is a statewide, non-profit organization that helps individuals with disabilities and older Pennsylvanians acquire the assistive technology devices and services they want. PATF is a state and federally-certified Community Development Financial Institution (CDFI) and is the Commonwealth’s designated Alternative Financing Program (AFP) under the federal Assistive Technology Act. PATF is one of 42 AFPs and state financing entities in the U.S. and territories.

Their mission is to provide financing opportunities, education, and advocacy for people with disabilities and older Pennsylvanians, helping them to acquire the assistive technology devices and services that improve the quality of their lives.

Their goal is to help people of all ages, all income levels, and all disabilities and health conditions.

One of their programs is to provide low-interest financing for stair lifts and other assistive technologies for individuals who qualify.

Who is eligible to apply for financing?

PATF is a program for Pennsylvania residents who need assistive technology devices and/or services.
PATF can help people of all ages, disabilities and health conditions.
People of all income levels may apply for a loan. An applicant must have an ability and willingness to repay a loan.

Financing loan amounts

All PATF loan applications must include a vendor quote that specifies the cost of the assistive technology that will be purchased with the loan. PATF can extend loans in amounts lower than the cost of the assistive technology, but cannot extend a loan in an amount greater than the cost of the assistive technology.

Allowable equipment for financing

PATF will extend loans to purchase a broad range of assistive technology. Examples include, but are not limited to the following:

  • Wheelchairs and scooters
  • Hearing aids
  • Computers, tablets, and specialized software
  • Smart home technology
  • Vehicles that have been adapted or require adaptations
  • Home modifications for accessibility
  • Adaptive sports equipment
  • Loan Repayment Terms – The length of the loan term is based on the expected useful life of the assistive technology device to be purchased.

General criteria for a financing loan

PATF does not discriminate because of race, disability, color, national origin, age, gender, creed, sexual orientation, or gender identity or expression. All borrowers are treated fairly and according to the same standards.

The loan applicant can be the person with the disability, an older Pennsylvanian, or someone who is applying on behalf of the person with the disability, including a family member or acquaintance.

Four important considerations when PATF is reviewing an application for approval are:

  • Assistive technology device/service and its purpose
  • Credit history
  • Debt-to-income ratio
  • Ability to repay the loan
    For more information about PATF and their low-interest financing program please visit https://patf.us/what-we-do/financial-loans/. If you are in need of a free in-home assessment for stair lifts in Pennsylvania, then call Power Stair Lifts at 484-895-1188 or visit powerstairlifts.com.
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