Lease to Own Program

Lease to Own Program

This program is an option for departments to acquire a device without the typical strings attached by third-party leasing companies (e.g., buyout costs, interest payments, late-fee payments and end-of-life return fees). 

Services Include:

    • Providing device options to the Department, Lab or Center.
    • Structuring a three-year lease-to-own option for the selected equipment.
    • Purchasing the device.
    • Arranging and accepting delivery.
    • Payment of all invoices for purchase and service contracts throughout the term.
    • Monthly billing for these costs with a small overhead fee.
    • Relinquishing ownership of equipment to the DLC at the end of the term or continuing to rent it to the DLC at the same cost as the overhead fee, with the DLC able to take ownership at any time.

*This program does not provide services outside of the lease, monthly service invoice payment and installation/removal of equipment - for additional services please see the Lease With Services program details.