IP Library Patent Application 14017679
Patent Application
App. No. 14/017,679

SYSTEMS AND METHODS FOR OPTIMIZATION OF A FINANCIAL TRANSACTION

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Quick Facts
Patent No.
US None
App. No.
14/017,679
Abstract

A method of determining a structure for financing a consumer product through a computer implemented process according to one embodiment comprising the steps of: receiving one or more fixed inputs including a monthly payment value and a down payment value; calculating a plurality of potential financial structures for the consumer product based upon the monthly payment value and the down payment value; and determining from the plurality of potential financial structures, a financial structure that provides a greatest profit for a seller of the consumer product.

Claims (5)

1 . A method of determining a structure for financing a consumer product through a computer implemented process comprising:

receiving in a computer a plurality of inputs including at least a monthly payment value and a down payment value;

calculating in the computer a plurality of potential financial structures for consumer products based upon the monthly payment value and the down payment value; and

selecting by the computer from the plurality of potential financial structures, a financial structure that provides a greatest profit for a seller of one of the consumer products,

wherein the consumer product is a vehicle and wherein the potential financial structures include a sub-prime loan.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 27, 2021
From: NOWCOM CORPORATION
To: NOWCOM, LLC
Reel/Frame 056370/0033 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 27, 2015
From: HANKEY, DON RUFUS; SINGH, AMARPAL
To: NOWCOM CORPORATION
Reel/Frame 035502/0139 →