METHOD AND APPARATUS FOR PRODUCING REDUCED RISK LOANS

A method and apparatus for producing reduced risk loans using assessment, monitoring and remedial techniques and lien rights as collateral in a comprehensive process designed to reduce risk associated with the making of loans. Reduction of risk is achieved by collectively utilizing four components within the invention. The first component requires the systematic application of the lender's underwriting standard using data known or readily accessible to the lender. The processing of the data associated with the borrower results in loan terms and conditions commensurate with perceived risk. The second component assures that all loan documents and related contracts are properly generated, fully executed by the borrower and received by the lender in their entirety. In the event that the borrower requires a working capital (trade) loan, "Collateral Assignment of Proceeds and Lien rights" is executed to provide the lender with additional security (collateral) to compensate the lender for perceived risk. The third component monitors compliance of the borrower with the loan's terms and conditions. If the loan is out of balance with its terms and conditions, further disbursement of proceeds is suspended until all defaults of deficiencies are cured. The fourth component occurs when a default or deficiency either is not cured within a reasonable period of time or is unable to be cured. This last component serves to perfect the lender's assigned lien rights. The utillization of all components in the administration of a loan ultimately serves to reduce risk, thus increasing the likelihood of granting credit. L'invention concerne un procédé et un dispositif permettant l'établissement de prêts à risques réduits. Ce procédé fait appel à des techniques d'évaluation, de surveillance et de correction ainsi qu'à des privilèges servant de garantie dans le cadre d'un processus extensif conçu pour réduire le risque associé à l'octroi de prêts. On obtient une réduction du risque par l'utilisation conjointe de quatre composantes relevant de l'invention. La première composante requiert l'application systématique de la norme de souscription du prêteur associée à l'utilisation de données connues du prêteur ou facilement accessibles à ce dernier. La traitement des données se rapportant à l'emprunteur permet l'établissement de conditions de prêt définies en proportion du risque perçu. La seconde composante permet d'assurer que tous les documents de prêt et les contrats connexes sont ét