Patents Assigned to Radius Group, LLC (dba BankLabs)
  • Publication number: 20240152999
    Abstract: The technology disclosed relates to creation and operation of a marketplace among trusted small and medium sized banks for participation in packages of loans. This technology can be applied to formation of other marketplaces in which trust matters and controlled dissemination of opportunity information, as in layers or rounds, proceeds manually. Aspects of the technology disclosed can be used by initiators and participants to package syndicated and funded loans once a marketplace is established, whether the market is established applying the technology disclosed or otherwise.
    Type: Application
    Filed: January 12, 2024
    Publication date: May 9, 2024
    Applicant: Radius Group, LLC (dba BankLabs)
    Inventors: David M. Wright, Emile Reed, Donald F. Seacrest, Cade C. Strieby
  • Publication number: 20230124849
    Abstract: The technology disclosed relates to creation and operation of a marketplace among trusted small and medium sized banks for participation in commercial loans too large for an individual participating bank to undertake on its own. This technology can be applied to formation of other marketplaces in which trust matters and controlled dissemination of opportunity information, as in layers or rounds, proceeds manually. Aspects of the technology disclosed can be used by initiators and participants to syndicate loans once a marketplace is established, whether the market is established applying the technology disclosed or otherwise. This technology also can be applied to syndicate other opportunities or to resell participations in syndicated loans that have closed and been funded.
    Type: Application
    Filed: December 5, 2022
    Publication date: April 20, 2023
    Applicant: Radius Group, LLC (dba BankLabs)
    Inventors: David M. Wright, Emile Reed, Donald F. Seacrest, Cade C. Strieby
  • Publication number: 20210358031
    Abstract: The technology disclosed relates to creation and operation of a marketplace among trusted small and medium sized banks for participation in commercial loans too large for an individual participating bank to undertake on its own. This technology can be applied to formation of other marketplaces in which trust matters and controlled dissemination of opportunity information, as in layers or rounds, proceeds manually. Aspects of the technology disclosed can be used by initiators and participants to syndicate loans once a marketplace is established, whether the market is established applying the technology disclosed or otherwise. This technology also can be applied to syndicate other opportunities or to resell participations in syndicated loans that have closed and been funded.
    Type: Application
    Filed: March 29, 2021
    Publication date: November 18, 2021
    Applicant: Radius Group, LLC (dba BankLabs)
    Inventors: David M. Wright, Emile Reed, Donald F. Seacrest, Cade C. Strieby