Systems and methods for end-to-end automation of borrowing base calculations

Patent metadata

Field	Value
Publication number	US-2025117847-A1
Application number	US-202318483921-A
Country	US
Kind code	A1
Filing date	Oct 10, 2023
Priority date	Oct 10, 2023
Publication date	Apr 10, 2025
Grant date	—

Abstract

Systems and methods for end-to-end automation of borrowing base calculations are disclosed. A method may include a borrowing basis computer program: (1) receiving documents for collateral, assets, and liabilities from a borrowing system for a borrower; (2) extracting information for the collateral, assets, and liabilities from the documents; (3) calculating, from the information, a borrowing base for the borrower; (4) sending the borrowing base to the borrower system; (5) receiving, by the borrowing basis computer program, acknowledgement from the borrower system; (6) setting a borrowing limit based on the borrowing base; (7) receiving updated documents for the borrower; (8) extracting updated information from the updated documents; (9) calculating, from the updated information, an updated borrowing base for the borrower; and (10) setting an updated borrowing limit based on the borrowing base.

First claim

What is claimed is:

1 . A method for end-to-end automation of borrowing base calculations, comprising:
receiving, by a borrowing basis computer program, documents for collateral, assets, and liabilities from a borrowing system for a borrower; extracting, by the borrowing base computer program, information for the collateral, assets, and liabilities from the documents; calculating, by the borrowing base computer program and from the information, a borrowing base for the borrower; sending, by the borrowing base computer program, the borrowing base to the borrower system; receiving, by the borrowing basis computer program, acknowledgement from the borrower system; setting, by the borrowing base computer program, a borrowing limit based on the borrowing base; receiving, by the borrowing base computer program, updated documents for the borrower; extracting, by the borrowing base computer program, updated information from the updated documents; calculating, by the borrowing base computer program and from the updated information, an updated borrowing base for the borrower; and setting, by the borrowing base computer program, an updated borrowing limit based on the borrowing base.

2 . The method of claim 1 , further comprising:
normalizing, by the borrowing basis computer program, the documents into a normalized format; and normalizing, by the borrowing basis computer program, the updated documents into the normalized format.

3 . The method of claim 1 , wherein the borrowing base computer program calculates the borrowing base by subtracting a value of ineligibles from a value of the collateral and/or assets for the borrower.

4 . The method of claim 1 , wherein the documents comprise accounts receivable aging reports, accounts payable aging reports, aging reconnaissance reports, equipment valuation, inventory valuation, and/or real property valuation information.

5 . The method of claim 1 , further comprising:
identifying, by the borrowing base computer program, a type of each of the documents using a machine learning model, wherein the documents are unstructured documents.

6 . The method of claim 5 , wherein the machine learning model is trained with a plurality of document formats to predict a format of each of the documents.

7 . The method of claim 1 , wherein the extracted information is stored in a standard document format.

8 . The method of claim 1 , wherein the documents are received from an accounting system associated with the borrower.

9 . The method of claim 1 , further comprising:
forecasting, by the borrowing base computer program, a future borrowing base based on historical documents for the borrower.

10 . The method of claim 1 , further comprising:
identifying, by the borrowing base computer program, a trend in the borrowing base.

11 . The method of claim 1 , wherein the updated documents are received periodically.

12 . The method of claim 1 , wherein the borrowing limit is updated when the updated borrowing base and the borrowing base differ by more than a threshold amount.

13 . A system, comprising:
a document source for documents for collateral, assets, and liabilities from a borrowing system for a borrower, wherein the documents comprise accounts receivable aging reports, accounts payable aging reports, aging reconnaissance reports, equipment valuation, inventory valuation, and/or real property valuation information; a borrower system for the borrower; a lender electronic device that is configured to receive the documents from the document source, to extract information for the collateral, assets, and liabilities from the documents, to calculate, from the information, a borrowing base for the borrower, to send the borrowing base to the borrower system, to receive acknowledgement from the borrower system, to receive updated documents for the borrower from the document source, to extract updated information from the documents, and to calculate, from the updated information, an updated borrowing base for the borrower; and a loan servicing system that is configured to set a borrowing limit for the borrower based on the borrowing base, and to set an updated borrowing limit for the borrower based on the updated borrowing base.

14 . The system of claim 13 , wherein the lender electronic device is further configured to normalize the documents into a normalized format, and to normalize the updated documents into the normalized format.

15 . The system of claim 13 , wherein the lender electronic device calculates the borrowing base by subtracting a value of ineligibles from a value of the collateral and/or assets for the borrower.

16 . The system of claim 13 , wherein the lender electronic device is further configured to identify a type of each of the documents using a machine learning model, wherein the documents are unstructured documents, wherein the machine learning model is trained with a plurality of document formats to predict a format of each of the documents.

17 . The system of claim 13 , wherein the document source comprises an accounting system associated with the borrower.

18 . The system of claim 13 , wherein the lender electronic device is further configured to forecast a future borrowing base based on historical documents for the borrower.

19 . The system of claim 13 , wherein the lender electronic device is further configured to identify program, a trend in the borrowing base.

20 . The system of claim 13 , wherein the borrowing limit is updated when the updated borrowing base and the borrowing base differ by more than a threshold amount.

Assignees

• Jpmorgan Chase Bank Na

Inventors

• Karuppuswamy Jai
• Capin Kennedy A
• Long Shonda L
• Doulagar Naveen
• Parker Michael
• Thomas Kyle P
• Nasurudeen Sulaimannaseer

Classifications

• G06Q40/03 Primary

  Credit; Loans; Processing thereof · CPC title