Lease financed asset tracking system and bundled asset document generator
AssigneeBank of America Corporation
InventorsJoel R. Emmett, John Hammond, Marianne D. Velker
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AssigneeBank of America Corporation
InventorsJoel R. Emmett, John Hammond, Marianne D. Velker
Estimating the term…
Embodiments of the invention relate to systems, methods, and computer program products for an automated and electronic means for financial institution clients to manage and track the funding of leased assets and, specifically, the combining of like assets into leased asset bundles for the purpose of generating lease records that include a leased asset bundle. By bundling assets and creating corresponding lease reports that include a leased asset bundle, the process for funding approval is streamlined, in that, document communication, signature requirements and overall tracking of documentation is minimized. In addition, an ancillary benefit is afforded the financial institution such that the bundled assets can be syndicated to third parties as a single schedule document.
A method for generating lease records that include bundled assets, the method comprising:
A system for generating lease reports that include bundled assets, the system comprising,
A computer program product comprising:
Dependencies are inferred from the claim text.