Method and system for negotiating, generating, documenting, and fulfilling vendor financing opportunities
US11062293B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 10, 2014 |
| Grant date | Jul 13, 2021 |
| Priority date | — |
| Expiry date | Sep 20, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for managing a financing or lease of a product and/or service, the method executing on a computing device, the method including: receiving a price of the product to be financed or leased; receiving an amount of the price of the product to be financed; selecting a rate card; determining a current finance rate based upon the rate card that is selected; selecting a purchase option for the product and/or service; selecting a contract term of the financing or lease related to the purchase or lease the product and/or service; determining a payment amount for the product based on the inputted price of the product to be financed or leased, the amount of the price of the product to be financed, the current finance rate, the purchase option selected, and the term of the financing or lease selected; and displaying the payment amount that is determined.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.