Invention Grant
- Patent Title: Supply chain finance system
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Application No.: US17134071Application Date: 2020-12-24
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Publication No.: US11334942B2Publication Date: 2022-05-17
- Inventor: David W. Quillian
- Applicant: PrimeRevenue, Inc.
- Applicant Address: US GA Atlanta
- Assignee: PrimeRevenue, Inc.
- Current Assignee: PrimeRevenue, Inc.
- Current Assignee Address: US GA Atlanta
- Agency: Nelson Mullins Riley & Scarborough LLP
- Main IPC: G06Q40/02
- IPC: G06Q40/02 ; G06Q40/06 ; G06F21/62

Abstract:
In an electronic supply chain finance system, a method of enabling a supplier to obtain funds includes receiving information from a buyer defining a payment obligation, receiving an offer to sell the payment obligation, and providing electronic instructions to print a negotiable instrument issued by the buyer, to the supplier as payee, having a payable date based on a maturity date of the payment obligation and a payment value based on a payment amount of the payment obligation.
Public/Granted literature
- US20210118050A1 SUPPLY CHAIN FINANCE SYSTEM Public/Granted day:2021-04-22
Information query