When I applied purchased pre made binding tape, I just opened it up and used the fold line as a sewing guide. Basically aligned the raw edge of the tape and the item, sewed on the fold, folded it over & attached the back by hand. The portion of the back was easy to apply because it was already folded & pressed. Probably not as durable as the doubled, but for light duty items it should hold up OK. I think they do make tips for quilt bindings.
http://www.simplicity.com/p-4156-1-1...-bias-tip.aspx