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US Patent 11501366 Inventory management with capital advance

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Is a
Patent
Patent
0

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
115013660
Patent Inventor Names
Michael Morrissey Cieri0
Adam Jeremy Fern0
Ariana Poursartip0
Ding Zhou0
Date of Patent
November 15, 2022
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Patent Application Number
167775220
Date Filed
January 30, 2020
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Patent Citations
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US Patent 10346907 System and methods for providing financing to merchants
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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 10607286 Distributed system for custom financing
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US Patent 10565642 Inventory management with capital advance
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US Patent 10902512 Third party merchant financing
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US Patent 10019698 Merchant cash advance payment deferrals
...
Patent Primary Examiner
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Scott C Anderson
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CPC Code
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G06Q 10/087
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G06Q 40/025
0
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G06Q 10/06315
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In some examples, a service provider may manage inventories of items by offering money advances to make inventory orders on behalf of a merchant. The service provider may determine a risk associated with advancing money to the merchant based on sales of items made by the merchant. The service provider may provide a money advance to the merchant when the risk associated with advancing money is within a threshold level. The money advance may be used to order inventory from a supplier. This may assist the merchant in managing inventory.

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