Patent ID: 7761351
Filing Date: 2010-07-20
Classification: G06Q

Abstract:
1. A computer-implemented method for assessing the risk of a vehicle dealership defaulting on a financial obligation, the method comprising: receiving by at least one computer vehicle dealership financial statement data; receiving by the at least one computer at least one financial ratio, a plurality of financial ratio value ranges for the at least one financial ratio, and a plurality of point weights functionally associated with the plurality of financial ratio value ranges, wherein the functional association of the plurality of point weights to the plurality of financial ratio value ranges is non-linear; determining by the at least one computer a financial ratio value for each financial ratio based on each financial ratio and the vehicle dealership financial statement data, wherein the plurality of financial ratio value ranges for the at least one financial ratio have a plurality of additional, associated values based on deciles of a sample vehicle dealership population having a number of non-status vehicle dealerships and a number of status vehicle dealerships, and wherein the number of non-status vehicle dealerships has met their contractual payment obligations and the number of status vehicle dealerships has defaulted on a contractual payment obligation; and determining by the at least one computer a vehicle dealership point weight for each financial ratio based on each financial ratio value and the related plurality of point weights and its non-linear functional association with the related financial ratio value ranges to obtain a default risk rating for the vehicle dealership.