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TeleWork
The Wisconsin Telework Loan Program is a statewide, alternative loan program that allows Wisconsin residents with disabilities to purchase computers and other equipment needed to work from home or from other remote sites away from the office, such as work on the road or at a telework center.
What can I purchase with a Telework loan?
Loan funds can be used to purchase equipment, training to use equipment, extended warranties, and cost of maintenance and repairs
Are there criteria for Telework loan applications?
A telework loan is generally considered favorable if the equipment purchased with the loan assists you in doing at least one of the following:
- Begin telework for an employer where you were previously unemployed
- Increase income in an existing job through telework
- Remain employed at your current level, and prevent job loss or a reduction in earnings, through telework
- Begin working at home to accommodate your disability
- Initiate or expand home based self-employment with an approved business plan
How much can I borrow and at what interest rate and terms?
Loan amounts range from $500 to $50,000. You may apply for the amount you need, but the actual loan amount will depend on the item purchased and your ability to repay the loan. The interest rate is 6.5% and term lengths depend on the amount of the loan and the item purchased.
How to apply for a WisLoan or Telework funds?
Contact Independent Living Resources to schedule a time to meet with an Independent Living Specialist to fill out the loan application paperwork. Contact us at 608-787-1111 or at our toll free number 1-888-474-5745.
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