The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jun. 15, 2021
Filed:
Jan. 31, 2014
Siddharth Ram, Menlo Park, CA (US);
Richard N. Preece, San Diego, CA (US);
Joseph Timothy Callinan, Jr., Campbell, CA (US);
Kathy Tsitovich, Mountain View, CA (US);
Eva Diane Chang, Mountain View, CA (US);
Madhu Shalini Iyer, Fremont, CA (US);
Siddharth Ram, Menlo Park, CA (US);
Richard N. Preece, San Diego, CA (US);
Joseph Timothy Callinan, Jr., Campbell, CA (US);
Kathy Tsitovich, Mountain View, CA (US);
Eva Diane Chang, Mountain View, CA (US);
Madhu Shalini Iyer, Fremont, CA (US);
Intuit Inc., Mountain View, CA (US);
Abstract
A method for modeling risk of a derogatory financial event. The method includes generating a risk profile of a small business (SMB) using a risk model based on accounting data and other third party business management application (BMA) data of the SMB. In particular, the risk model is generated using a training data set that includes accounting data and other third party BMA data of multiple SMBs over particular time periods related to historic derogatory events (e.g., to be delinquent and/or to default on a loan) of these SMBs. Generated using the risk model, the risk profile of the SMB represents the likelihood of a derogatory financial event occurring to the SMB.