Abstract: Disclosed in some examples are methods, systems, devices, and machine-readable mediums that provide an ability for an entity to independently and securely commence, advance, and complete a resource allocation offer in a matter of minutes as opposed to weeks or months after an automated resource pre-committal process. The system, using and incorporating machine learning techniques and algorithms, may have several phases, including a pre-qualification phase, a setup phase, resource pre-committal phase, an import phase, a processing phase, a verification phase, a resource allocation offer phase, and a resource allocation phase in which the system allocates resources to a vendor. The system may also use a qualifying entity as a part of the pre-qualification phase to enter information which can be imported into the resource allocation system application.
Abstract: Disclosed in some examples are methods, systems, devices, and machine-readable mediums that provide an ability for an entity to independently commence, advance, and complete a resource allocation offer in a matter of minutes as opposed to weeks or months after an automated resource pre-committal process. The system, using and incorporating machine learning techniques and algorithms, may have several phases, including a setup phase, resource pre-committal phase, an import phase, a processing phase, a verification phase, a resource allocation offer phase, and a resource allocation phase in which the system allocates resources to a vendor.
Abstract: Disclosed in some examples are methods, systems, devices, and machine-readable mediums that provide an ability for an entity to independently commence, advance, and complete a resource allocation offer in a matter of minutes as opposed to weeks or months after an automated resource pre-committal process. The system may have several phases, including a setup phase, resource pre-committal phase, an import phase, a processing phase, a verification phase, a resource allocation offer phase, and a resource allocation phase in which the system allocates resources to a vendor.
Type:
Grant
Filed:
June 5, 2019
Date of Patent:
June 22, 2021
Assignee:
Innovation Finance USA LLC
Inventors:
Mark Tomaselli, William H. Verhelle, Jr.