PRE-FUNDED SETTLEMENT
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Dec 16, 2010
app pub date -
Jun 10, 2009
filing date -
Jun 10, 2009
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system and method for advancing cash to merchants participating in a consumer card-based payment network. The system/method provides low cost working capital to merchants by aggregating lending offers from perspective lenders with borrowing applications from merchants to match the supply of capital with the demand for loans whereby an effective interest rate can be determined. The risk profile associated with a particular merchant, as well as the loan amount and duration, can also be considered when determining the effective interest rate.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully