Computer implemented finance management routing system

• Main Author: MAC INNIS JOSEPH PETER
• Format: Patent
• Language: English
• Published: 05.03.2013
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

Broadly, the present invention relates to data processing in general and more particularly to a finance management system or system (5) relating to the auto industry (25) that provides a gateway for vehicle purchase lead management tools to seamlessly integrate the auto sales process with the auto finance process, and enables sellers (25) to initiate, process, and decision loan transactions with financial institutions (100). The financial management system (5) described herein preferably includes, among other things, credit filters, (20), auto population of documents, and a decision engine (105) that retrieves or collects and combines or merges the borrower's credit file(s) (110) with an applicant's information (115), processes the information or data to a specific vehicle (145) and finance structure (160), matches the data against a lender's proprietary mix of loan programs, pricing, credit policies and/or custom scoring models (120) to determine if a borrower (30) has qualified for a loan, and makes a result presentation (155) of a finance level of acceptability available to the auto dealer (25).