Patent ID: 8478686

Claim:
A method of determining credit worthiness of a new customer for financing transactions and profitability of said financing transactions of a business, comprising the steps of: a) providing a computer program stored on a computer storage device of a computer system, which further comprises a display, an input device, and a computer processor each operatively connected to said computer storage device, said computer program generating a customer information screen on said display with said computer processor and comprising a database of data from a plurality of customers of said business, wherein said data in said database includes credit information about said customers and a plurality of customer data entries; b) logging into said computer program using said input device; c) viewing said customer information screen on said display; d) inputting a customer data set about said new customer into said customer information screen using said input device, wherein said customer data set includes information about said new customer's credit worthiness; e) inputting a financing data set about a proposed financing transaction with said new customer into said customer information screen using said input device, wherein said financing data set includes information about the terms of said proposed financing transaction and information about a proposed product to be purchased in said proposed financing transaction; f) generating a credit score based on said customer data set and said financing data set with said computer program and said computer processor, said credit score displayed on said customer information screen on said display; and g) storing said customer data set, said financing data set, and said credit score of said new customer as a new customer data entry in said database on said computer storage device.