Patent ID: 8843410
Filing Date: 2014-09-23
Classification: G06Q

Abstract:
1. A computerized method for providing supply chain financing, comprising: receiving a request to finance an asset of a borrower, wherein the asset is associated with inventory provided by a supplier to a buyer under the control of a supply chain/logistics entity; evaluating, by one or more computers, a plurality of attributes of a trade ecosystem associated with the supplier and the buyer, wherein the plurality of the attributes include at least one first attribute associated with a reorder rate of the inventory from the supplier by the buyer, and at least one second attribute characterizing a length of relationship between the supplier and the buyer; determining, by one or more computers, to finance the asset based at least in part on the evaluated attributes; arranging, by one or more computers, for the financing of the asset from a lender, wherein at least one term of a plurality of financing terms permits the lender control over movement of the inventory both before and after default of one of the plurality of financing terms; receiving, by one or more computers, information associated with the movement of the inventory along a supply chain; determining, by one or more computers based upon the received information, that a physical supply chain event has occurred while the inventory is in-transit along the supply chain; and automatically adjusting, by one or more computers in accordance with at least one term of the plurality of financing terms, an advance rate defined by a percentage of a valuation of a borrower's collateral for the financing from a first advance rate to a second advance rate, wherein the automatic adjustment is based upon the determination that the physical supply chain event has occurred while the inventory is in-transit along the supply chain.