METHOD AND SYSTEM FOR PROVIDING FLEXIBLE FINANCING

Patent №

US 8,095,459

Granted

2012-01-10

Filed 2010

Owner

JPMORGAN CHASE BANK, N.A.

Lab

AI components

1

nlp

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12686498

Methods and systems for providing flexible financing are disclosed. In one embodiment, the present invention relates to a business card product with a customer activated credit line extension for accommodating large ticket purchases where the credit line extension may be linked to other business loan/lease products so that balances may be transferred to a customer's preferred financing product (or products). The purchases may be considered secured or unsecured loans/leases that may be capitalized as well as appreciate and depreciate in value. The purchases may include various types of revenue producing property, such as computer, office equipment, office furniture, copiers, farm equipment, and other types of revenue producing property.

Natural languageG06Q 40/02G06Q 20/10G06Q 20/40G06Q 40/00G06Q 40/03

AI classification

Natural language0.72
Evolutionary computation0.05
Knowledge representation0.04
Planning0.01
Speech0.00
Vision0.00
AI hardware0.00
Machine learning0.00

Ownership

JPMORGAN CHASE BANK, N.A.

assignment · 238190105

Assignors

CHASE MANHATTAN BANK, USA, NA

On an employer assignment, the assignors are typically the inventors.

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