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:
Apr. 04, 2023
Filed:
Jun. 07, 2021
Jpmorgan Chase Bank, N.a., New York, NY (US);
Ankur Sambhar, Thane West, IN;
JPMORGAN CHASE BANK, N.A., New York, NY (US);
Abstract
A method for providing loan bid information to a prospective borrower is provided. The method includes: receiving, from a user, a request for a loan that includes user preference criteria; transmitting, to each of a plurality of prospective lenders, a solicitation for bids for the requested loan, receiving a respective loan bid from each of at least one of the prospective lenders, each respective loan bid including respective bid criteria corresponding to a particular lender; analyzing each received loan bid with respect to the user preference criteria and the respective bid criteria; selecting one loan bid based on a result of the analysis, and transmitting, to the user and to each of the plurality of prospective lenders, a message that notifies a result of the selection. The request for the loan may be received from the user via a blockchain mechanism that is accessible by each prospective lender.