Patents by Inventor Mark Conard

Mark Conard has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20070016519
    Abstract: Various embodiments of the present invention provide a system that enables lenders to provide more favorable financing arrangements to borrowers that are willing to use their warehoused inventory as collateral for the financing arrangement. In particular, the system provides a mechanism through which the lender can receive more information about and exercise a higher level of control over the warehoused inventory that secures a financing arrangement, which provides the lender with the security that the collateral will be accessible in the event of the borrower's default. for example, such information may include what is in the inventory, where the inventory is located, the quantities of each asset within the inventory, the value of each asset in the inventory, and whether the lender can access and liquidate the assets in the event the borrower defaults on the financing arrangement.
    Type: Application
    Filed: July 13, 2006
    Publication date: January 18, 2007
    Inventors: Calvin Blount, Mark Conard