Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2004-07-01
2010-06-01
Kalinowski, Alexander (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S014270
Reexamination Certificate
active
07729980
ABSTRACT:
An incentive based loan method and related system provides a loan to a purchaser in association with the purchase of goods or services. An amount of purchases to be made by a purchaser, such as a small business, is projected over a period of time. The purchases can be goods or services, such as package shipping services. Based on the amount of the projected purchases, an incentive rate is agreed upon by the seller of the goods or services and the purchaser. In lieu of receiving the discounted rate on the goods or services during the period of time, the present value of the total incentives to be earned over the projection period is loaned to the purchaser. The purchaser thereafter pays list price for the goods or services, and the incentives earned are applied to the required loan payment.
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Kapeskas Rimas
Mittenzwei Phil
Alston & Bird LLP
Ebersman Bruce I
Kalinowski Alexander
United Parcel Service of America Inc.
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