Patent ID: 7533046

Claim:
A method of creating a loan from a revenue stream from a lessee, comprising the steps of: determining or receiving a number representing a revenue stream from a lease of a leased tangible asset; obtaining a Breakeven Tangible Asset Note Rate, and a Tangible Asset Note Amount for a Tangible Asset Note based on a Multi-Note Loan Coupon, a Tangible Asset Note Debt Service and underwriting parameters for the tangible asset; calculating a Credit Lease Backed Note Debt Service after at least the Tangible Asset Note debt service is subtracted from the revenue stream; calculating in an electronic computing device a Breakeven Credit Lease Backed Note Rate and a Credit Lease Backed Note Amount for a Credit Lease Backed Note based on the Credit Lease Backed Note Debt Service, the Multi-Note Loan Coupon, a Credit Lease Backed Note Debt Service, and underwriting parameters; creating and/or receiving a file structure of one or more files for the Tangible Asset Note and/or the Credit Lease Backed Note; and associating the Tangible Asset Note and Credit Lease Backed Note to assign priorities for purposes of determining and distributing recoveries to holders of the Tangible Asset Note and/or the Credit Lease Backed Note and/or their designees in the event of a Multi-Note Loan default.