Patent ID: 7974858

Claim:
A financial service bridging processor-implemented method comprising: receiving, through a computing device having a processor and a storage device containing instructions that are executable by the processor, a request from a customer for a final financial service, wherein approval of the request requires completion of an external process; determining if the customer meets eligibility requirements for a bridge financial service, wherein the determination of whether the customer meets the eligibility requirements is based on: whether the customer is a pre-existing member of an organization associated with the final financial service; and whether the customer provided a commitment to complete steps to issue the final financial service; obtaining financial information on the customer's previous relationships with the organization associated with the final financial service, if it is determined that the customer meets eligibility requirements for the bridge financial service; determining a coverage amount and terms of the bridge financial service based on the financial information on the customer's previous relationships with the organization associated with the final financial service; issuing the bridge financial service according to the determined coverage amount and terms of the bridge financial service upon receiving the request and determining that the customer meets the eligibility requirements for the bridge financial service using the computing device; wherein the bridge financial service is a non-final financial service that terminates based upon issuance of the final financial service; initiating the external process required for the approval of the final financial service using the computing device; issuing the final financial service upon completion of the external process using the computing device; and terminating the bridge financial service based upon issuance of the final financial service using the computing device.