Patent ID: 6950807

Claim:
A method for providing a financing source to a customer to purchase a product selected from an inventory of products, the method comprising the steps of: receiving information related to a database of a dealer's inventory, wherein the dealer's inventory includes a plurality of products, each product having a dealer cost associated therewith and a sale price at which the dealer desires to sell the product; receiving information from the customer including a down payment amount which the customer has available for a down payment towards the purchase of a product; calculating a credit score for the customer based at least in part on the information gathered from the customer; determining an advance amount to be paid to the dealer from the financing source for each individual product in the dealer inventory in the event that that particular product is sold to the customer; calculating a front-end profit to be realized by the dealer for each individual product in the dealer inventory based on the dealer cost associated with each individual product, the advance amount determined for each individual product, and the down payment amount; and presenting a financing package to the dealer for each individual product in the dealer's inventory for immediate offer for sale to the customer.