University Services Lease Purchase Program

How to use this service

Lease Purchase Program
The Lease Purchase program provides a financing option for departments. The program requires a contract of one to five years, but may be paid off at any time by paying the balance (principal plus current month's interest). The current interest rate is 3.0%.

Note that Purchasing Buyers are assigned specific commodities. To determine the correct buyer to contact to inquire about the Lease Purchase Program, view the Commodities Listing.
All leased equipment must be covered on a maintenance agreement while on lease with University Services. Equipment may not be removed from MSU until the lease is paid in full. 
Any lease arranged outside of University Services may be subject to East Lansing taxation, higher interest rates, fees, and early payoff penalties.
Billing History is available.

Commodities:Professional Services

Contact Information

Michigan State University
Buyers by Commodity

Lease Purchase
Finance Questions
Keven Lewis
(517) 884-6154