Lease Line of Credit

The University of Akron is seeking a vendor to provide a lease line of credit for a 5-year term. The goal is to allow the University to lease various types of equipment and goods for terms ranging from 3-5 years. The contract is still in the evaluation phase, and no updates or timeframes for finalization have been provided. Key points to consider include: • The University is looking for a vendor with proven success in lease financing and related services • The contract term is for 5 years • The University is interested in leasing various types of equipment and goods for terms ranging from 3-5 years • The contract is still in the evaluation phase, and no updates or timeframes for finalization have been provided