Patents by Inventor Desmond Reynolds

Desmond Reynolds 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: 20070011083
    Abstract: A computer system processes asset financing transactions. An applicant provides loan information related to financing of an asset. A single lender is selected to receive a loan package based on the loan information and knowledge and prior experience attributed to the single lender. A plurality of data entry screens are configured to requirements of the single lender. The loan information is entered into fields of the data entry screens. The loan information is validated upon entry. The loan package from the loan information is compiled for submission to the single lender. The loan package may be pre-approved by the dealer prior to submission to the single lender. The system further provides for status request of loan applications based on search criteria, requesting credit reports of applicant, and electronic messaging with the single lender.
    Type: Application
    Filed: July 8, 2005
    Publication date: January 11, 2007
    Inventors: Alan Bird, Michael Collins, Desmond Reynolds, Kreig Smith
  • Publication number: 20020116328
    Abstract: A method of processing an automotive finance transaction online by a portal participant including the steps of inputting business rules and rates for financial institutions into a database; entering criteria of chosen vehicle into a finance quotation generator; selecting a financial institution; generating a comparative quote scheme for the chosen vehicle according to the business rules and rates; and selecting a set of terms from the comparative quote scheme. The method may further include transmitting the selected set of terms to the financial institution; providing credit information to the financial institution; the financial institution evaluating the credit information and providing approval; and preparing financing documentation incorporating the vehicle information, terms and credit information. Furthermore, a system for processing an automotive financing transaction by a dealer or manufacturer is provided.
    Type: Application
    Filed: January 31, 2002
    Publication date: August 22, 2002
    Inventors: Alan Bird, Michael Collins, Kreig Smith, Desmond Reynolds, Trevor Burgess, Joseph Lapenna, Peter Gouvis, Gord Coker