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US Patent 11481839 Merchant financing system

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Contents

Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
11481839
Date of Patent
October 25, 2022
Patent Application Number
16596903
Date Filed
October 9, 2019
Patent Citations
‌
US Patent 10346907 System and methods for providing financing to merchants
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US Patent 10410243 Automatic recommendation of digital offers to an offer provider based on historical transaction data
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US Patent 10445826 Merchant financing system
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US Patent 10453086 Individualized incentives to improve financing outcomes
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US Patent 10455826 Method for autonomously weeding crops in an agricultural field
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US Patent 10540713 Method and apparatus to evaluate and provide funds in online environments
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US Patent 10565642 Inventory management with capital advance
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US Patent 10607286 Distributed system for custom financing
...
Patent Citations Received
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US Patent 12008643 Classifier performing eligibility determination
0
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US Patent 11699182 Distributed system for custom financing
0
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US Patent 12002093 Distributed system for custom financing
0
Patent Primary Examiner
‌
Hai Tran
CPC Code
‌
G06Q 20/24
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G06K 9/6256
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G06Q 40/00
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G06Q 40/025
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G06Q 40/02
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G06Q 20/10

In some examples, a computing device may process a plurality of transactions initiating on at least one of mobile applications or web applications. The computing device may determine eligibility of a first merchant to receive an offer for financing based on one or more attributes of transactions, of the plurality of transactions, that are associated with the first merchant or one or more similar merchants. In addition, the computing device may generate the offer for financing for a particular amount based on the eligibility of the merchant. Further, the computing device may cause presentation of the offer for financing on a first merchant computing device associated with the first merchant. For example, the offer may specify terms for the financing and terms of repayment, the terms of repayment including using a portion of funds from at least one additional transaction for repayment.

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