Patent Based Lending- Leading U.S. Banks Considering Patents as Collaterals 

In 2022, the U.S. saw a staggering $836 billion increase in the value of intangible assets, including Intellectual Property (IP), spotlighting their potential beyond mere legal rights. 

That said, can patents be equally powerful in securing asset-based loans?

Here’s the lowdown: Patents can indeed make your loan applications stronger. But here’s the catch—they’re tricky to value since they don’t come with a set price tag. This makes demonstrating their worth as collateral a real challenge.

To help you crack this code, we’ve crafted a guide brimming with practical advice on demonstrating the value of your patents and a list of banks ready to accept them as collateral for loans.

Let’s dive in.

Why Consider Patent Based Lending?

Patent-based lending stands out as a savvy move for innovation-driven companies rolling out patents regularly or those owing strong patent portfolios. Here is why:

Value from Intangibles: Patents allow businesses to leverage intellectual property as tangible assets for loans, expanding their borrowing capacity.

Risk Mitigation: Recognizing the value of patents, lenders may view them as less risky collateral, especially if the products protected by patents are income-generating or market-dominant.

Competitive Edge: Patents can enhance an enterprise’s appeal to lenders by showcasing innovation as a strategic asset.

Investment Attraction: Using patents as collateral signals a commitment to innovation, making the enterprise more attractive to future investors.

Ownership Retention: Unlike equity financing, patent-based loans provide capital without diluting ownership, which is crucial for maintaining control.

Revenue and Defense: Patents can generate income through licensing and protect against competition, bolstering the enterprise’s financial and market position.

Patent-based lending taps into the value of innovation, providing a smart financing route for enterprises focused on growth. However, success in this endeavor calls for strategically demonstrating the value of IP.

Strategies for Demonstrating IP’s Worth to Lenders

Patents don’t have set prices, and their value can swing widely—some could be gold mines, while others might not even recoup their filing fees

The key when leveraging patents for a loan is to focus on their potential for future earnings or their capacity to secure a competitive advantage for your business. Here are four strategies to help you identify and effectively communicate the value of your patents to lenders:

Detail the Revenue Sources 

It’s comparatively easy to demonstrate the value of a patent if it is already tied to the sales of a thriving business. You can list potential earnings from direct product sales, licensing fees, and royalties.

Analyze and Present the Market Potential 

Highlighting the value of your patent, particularly if it’s not yet bringing in revenue or drawing industry attention, can be tough. But it’s crucial.

Start with thorough market research. Pinpoint who needs your invention, where it fits in the market, and how it could grow. This strategy showcases the real money-making potential and strategic worth of your patent.

You can start by asking yourself a series of questions in order to analyze and establish the worth of your patent:

  • What specific market needs does my patent address? Clearly articulating the problem your invention solves underscores its necessity and potential market impact.
  • Is there demonstrated interest or demand from the industry for this innovation? Early signs of interest serve as indicators of your patent’s potential for licensing.
  • What distinct advantages does my patent offer compared to existing solutions? Detailing the unique benefits of your patent can illustrate its competitive edge and value proposition.
  • How defensible is my patent against possible infringements? A patent’s ability to be effectively enforced increases its attractiveness and inherent value.

Emphasize the positive market shifts your patent could initiate, highlighting its role as a recognized innovation. This approach helps you convincingly present your patent’s worth, focusing on its capacity to drive change and create value. 

Note: Consider hiring a professional specializing in patent valuation to evaluate your technology’s market potential, uniqueness, and commercial viability.

Showcase Legal Strength and Robustness

Highlight instances where your patent has triumphed in legal disputes, showcasing its confirmed validity, infringement victories, or successful settlements and licensing agreements. 

These proven legal outcomes signal to banks and financial institutions that your patent is not just a theoretical asset but a legally endorsed one, underscoring its reliability and value as collateral. 

Once you successfully establish the worth of your patent, it will always be easy to secure a loan on that patent. Now, the real deal is to find the right lender, so let’s explore which are the top U.S. banks that offer patent-based lending to help businesses grow.

List of Top US Banks Who Lend Loans for Patent

After a thorough review of the analysis by GreyB’s patent monetization team and leveraging InQuartik’s efforts in analyzing data from the USPTO—specifically, examining 489,732 patents pledged between June 7, 2015, and June 9, 2021, and identifying 24,079 transactions—we meticulously compiled a list of the leading U.S. banks that provide loans on patents as collateral.

Here are the banks you can rely on:

Source: greyb.com

Source: inquartik.com

Parting Thoughts

Not effectively presenting the value of your patent or patent portfolio can lead to loan denials. Below are resources curated to strengthen your patent portfolio and demonstrate its value, thereby increasing the likelihood of securing loan approval:

We hope you find these blog posts useful. If you have any further questions, please don’t hesitate to get in touch. Best of luck with your loan application!

10 IP (Intellectual Property) Conferences to Attend in 2024 in the USA

Navigating the ever-evolving landscape of intellectual property (IP) is crucial in today’s innovation-driven economy. With the United States’ IP valued at an impressive $7.8 trillion, surpassing the GDP of most nations, the significance of IP in the global market is undeniable. 

Rapid advancements in technologies such as artificial intelligence and blockchain continually reshape IP laws and strategies, making it essential for professionals to stay informed and agile.

Understanding these changes goes beyond legal compliance; it’s about harnessing them for strategic advantage. Whether tackling international laws, protecting digital ideas, or adapting to new workplace dynamics, AI in the world of IP presents both challenges and opportunities.

To help IP professionals stay updated, we’ve picked the top ten IP conferences for 2024. These events are essential for discovering the latest IP solutions and networking with industry experts. 

Get ready to explore these important conferences – mark your calendars and be at the forefront of IP innovation and strategy!

1. Global IP Exchange USA

Date: January 30 – 31, 2024.

Venue: Le Méridien Dania Beach, Fort Lauderdale, Florida, USA.

#1 IP Summit 2024: Global IP Exchange USA

Source – IQPC

The conference gathers over 70 top IP counsels and directors with expertise in brand protection, patents, trademarks, anti-counterfeiting, and licensing. These specialists offer insights into effectively managing IP portfolios in economically unstable times and share best practices. The event focuses on combating patent trolls through collaborative strategies and delves into the impact of generative AI on IP law, addressing ownership, rights, and trade secret management. Additionally, it highlights essential trade secret strategies relevant to the current remote working environment. The conference also features case studies on successful anti-counterfeiting measures, guiding the development of effective tactics. 

Notable speakers include Ada Wong, VP of IP at Brightseed; Kim Jessum, VP of Legal at Heraeus Medical Components; and Lorie Goins, Head of IP Strategy at Kyndryl, leading insightful panel discussions.

Networking experience: Spanning two dynamic days, the exchange offers engaging champagne roundtables, personalized one-to-one business meetings, and stimulating panel discussions on IP strategies. Attendees can dive into cutting-edge industry presentations and case studies. Exclusive think tanks provide an arena for innovative problem-solving. 

This event promises to be a hub of innovation and collaboration, featuring esteemed representatives from industry leaders like Uber, USPTO, Meta, Panasonic, Unilever, Intel, CAA, and Brightseed. 

Don’t miss this dynamic and enriching experience!

You can register here for the invitation.

2. Global Intellectual Property Forum

Date: April 16th & 17th, 2024

Venue: Las Vegas, Nevada

#2 IP Summit 2024: Global Intellectual Property Forum

Source – Global IP Forum

This conference offers a comprehensive exploration of global intellectual property (IP) challenges and strategies. Key topics include cross-border supply chain management and counterfeit strategy implementation for brand protection, analysis of global IP systems, and the impact of legal technologies like AI, Blockchain, and IoT on IP management. It delves into the nuances of patent litigation, IP portfolio monetization, and the valuation of intangible assets. Discussions will also cover the effects of Brexit on trademarks, online trademark infringement, and enforcement strategies. This event is a deep dive into the evolving world of IP, offering insights into managing and protecting IP in a global context.

Networking experience: The GIPF offers a valuable opportunity to connect with industry leaders from notable companies like Electrolux, SKY, iPCHAIN, Stamicarbon, Tailorlux, and many more. The event includes interactive panels and exhibition spaces, fostering engaging discussions. Participants range from Chief IP Officers and in-house legal counsels to IP analysts and patent engineers, making it an ideal venue for building professional relationships at IP Forum 2024.

You can register here for the invitation.

3. IPBC Global 2024

Date: June 10 – 12, 2024

Venue: Palace Hotel, San Francisco

#3 IP Summit 2024: IPBC Global 2024

Source – IAM LIVE

The IP Elite Conference, sponsored by Rational Patent, is a must-attend event in 2024. The event is expected to have a participant turnaround of about 600 attendees under one roof. Kathi Vidal, director of USPTO, will be the guiding light. Also, attendees will get deep insights into the new IP value creation best practices. It is a premier event and gateway to IP’s brighter and more resilient future. 

It also offers an accreditation of advanced education with CLE after this premier three-day affair. The event is exclusively curated for professionals with top-notch knowledge of industry trends and IP practice knowledge.

Networking experience: Attendees will get a chance to meet policy experts, investors, deal makers, corporate executives, and legal professionals to share industry insights and build networking. The conference will offer multifacet insights into the IP industry.

You can register here for the invitation.

4. Business and Intellectual Property Litigation Super Conference

Date: March 20th – 22nd, 2024

Venue: Philadelphia Marriott Downtown, 1201 Market Street, Philadelphia, PA 19107

#4 IP Summit 2024: Business and Intellectual Property Litigation Super Conference

Source – dri Lawyers Representing Business

This upcoming conference provides an opportunity to learn about the impact of generational differences on modern jury pools and strategies for jury selection and case presentation. Attendees will gain insights into the current state of trade secret litigation and the enforceability of non-compete agreements. The conference will offer an overview of the Supreme Court, including recent rulings and predictions for upcoming cases. It also covers methods for handling data breach investigations and effective collaboration with in-house counsel on privilege issues. Additionally, valuable tips from experienced judges will be a highlight, enriching the learning experience for all participants.

Networking experience: At this conference, participants can network with attendees from diverse legal fields, including Life, Health, Disability, and ERISA, as well as those from the Super Conference and Toxic Torts and Environmental Law Seminar. 

A special feature includes engaging with attendees on a Philadelphia exploration while earning CLE credits, enhancing both learning and networking opportunities.

You can register here for the invitation.

5. International Conference on Intellectual Property Law and Security

Date: August 05-06, 2024

Venue: Montreal, Canada

#5 IP Summit 2024: International Conference on Intellectual Property Law and Security

Source – waset.org 

ICIPLS will bring together the top scholars, academic scientists, and researchers to spotlight the ongoing research on the various aspects of intellectual property law and security. This premier event will explore the evolution of interplays between the IP system and the new data economy. 

Also, practitioners at the conference will contribute to analyzing practical challenges encountered in IP law and security. This comprehensive conference is designed to update attendees on the latest in law practice.

Networking experience: The conference features eminent industry delegates like Sudhir K Jain, Luke Mcdonagh, Nikos Koutras, and M. Aravendan. It provides visibility to influential leaders in the IP sector and unparalleled networking opportunities for business scaling. 

Participants will join experts from leading IP organizations in roundtable discussions, making this event a must-attend for anyone looking to expand their knowledge and contacts in the IP field. 

You can register here for the invitation.

6. IP CLE Conference 

Date: January 7-10, 2024

Venue: Viewline Resort, Snowmass, Colorado

#6 IP Summit 2024: IP CLE Conference 

Source – IP CLE

This three-day conference offers a deep dive into the latest developments in IP law, featuring sessions on Artificial Intelligence, Copyright, Rights of Publicity, Trademark Office updates, and Internet Law. It includes engaging presentations from leading legal experts and authorities, including USPTO officials and seasoned attorneys. Attendees will also benefit from strategic discussions on protecting inventive assets and handling infringement challenges. 

The event provides unique insights from in-house legal perspectives and fosters dialogue between the bench and the bar, making it an invaluable experience for legal professionals.

Networking experience: Beginning with daily communal breakfasts, this conference offers unique networking with like-minded people along with legal professionals, including USPTO experts, seasoned attorneys, and judges. Attendees can enjoy ski breaks in Snowmass Village and an evening reception, fostering connections in a relaxed yet professional setting over three days of exclusive bonding and learning.

You can register here for the invitation.

7. Silicon Valley IP Forum 2024

Date: March 28, 2024

Venue: Paul Brest Hall, Stanford University, US.

#7 IP Summit 2024: Silicon Valley IP Forum 2024

Source – Silicon Valley IP Forum

The Silicon Valley IP Forum is a must-attend event for IP professionals. The conference is exclusively tailored for professionals at the forefront of fighting the critical challenges in the IP industry. 

It is a one-day unique forum where people exchange insights on the surging trends and challenges in IP. A true peer-to-peer environment that sparks inspiration from keynote sessions and panel discussions.

Networking experience: The events present a chance to foster alliances with like-minded people. The event attracts attendees from various professions in IP, like law firms, in-house counsel, judges, and paramedics.

You can register here for the invitation.

8. IP Leadership Executive Summit 2024

Date: April 24-25, 2024

Venue: San Jose, USA

#8 IP Summit 2024: IP Leadership Executive Summit 2024

Source – IP Leadership Executive

This summit is poised to be an invaluable resource for IP professionals, providing insightful guidance on integrating intellectual property into business culture. It will be a crucial meeting point for CIPOs, focusing on managing constrained budgets and adapting IP strategies accordingly. The event will cover various aspects of intellectual property, including patents, trademarks, trade secrets, and copyrights. Furthermore, it will explore the transformative effects of artificial intelligence (AI) on IP, offering attendees forward-looking insights and best practices to boost the efficiency and productivity of their in-house legal counsel.

Networking experience: The event attracts 200+ attendees and 50+ top speakers with more than seven roundtable sessions. It’s a great opportunity to meet leaders from companies like Kilburn & Strode, Marvell Technology, Johnson & Johnson, 72andSunny, and Capgemini, among others. 

Companies like Ericsson, Google, VMWare, Applied Materials, Genentech, Lam Research, and others will bring a specialized session for attendees at the summit. Delve into the high-value licensing deals and build world-class IP teams.

You can register here for the invitation.

9. IP Law Summit 2024

Date: March 14-15, 2024

Venue: The Las Colinas Resort, Dallas, TX, USA

#9 IP Summit 2024: IP Law Summit 2024

Source – IP Law Summit

This summit is a premier meetup bringing together innovative suppliers, solution providers, and IP executives. It is a unique two-day summit to establish strategic leadership in the IP – creating a future IP vision in business. 

Enhance skill set and gain insights into the future of AI in IP strategy through captivating sessions led by renowned global authorities, including Jon Sry, IP Counsel at 3M, and Dawn M. Guillory Brown, Head of Legal & Corporate Secretary at Aflac, alongside other industry leaders. Additionally, discover effective strategies for navigating the challenges of remote work culture while safeguarding IP rights in the digital age.

This event serves as a valuable tool for mastering the complexities of the IP landscape, offering best practices from diverse jurisdictions. 

Networking experience: Attendees will be immersed in a captivating lineup of keynote presentations and live case studies, redefining their approach to IP challenges. Compelling voices, including Ajita Abraham, General Counsel at Capgemini, will deliver indispensable insights exclusively for IP professionals. Additionally, there will be opportunities to network with the industry’s influential alliances and engage with the event’s dynamic moderator, John Calkins.

You can register here for the invitation.

10. Trade Secrets IP Protection & Litigation Summit

Date: April 23, 2024

Venue: SAN JOSE

#10 IP Summit 2024: Trade Secrets IP Protection & Litigation Summit

Source – tradesecretwestcoastusa

Led by cross-industry experts, the Trade Secrets IP Protection & Litigation Summit is a unique gathering spot for IP specialists. The event features top-notch leaders from diverse industries, including Jialing Dailey from Atlassian, Peter Jovanovic from Dell, Kim Jessum from Heraeus, and Sanjesh Sharma from Johnson and Johnson, among other prominent figures.

The event focuses on the latest trade litigation updates, accompanied by a strategic panel discussion on topics such as reverse engineering, non-competes, and employee mobility in IP. Attendees will gain insights into the permissibility of reverse engineering under federal and state law.

Attendees can also gain a comprehensive understanding of the trade secret IP landscape for 2024 through James Pooley’s expertise. Additionally, top leaders Brian Walters and Chuck Sholtz will provide a review of trade secret litigation during the summit.

Networking experience: The conference commences with a networking breakfast, offering attendees an excellent opportunity to connect. As participants delve into advanced IP strategies, they can also take advantage of roundtable sessions, where engagement with over 130 attendees from 50+ companies is possible. These individually curated sessions facilitate the creation of valuable alliances with IP experts, in-house counsel members, and industry leaders.

The event serves as a unique occasion to showcase one’s brand and gain a competitive edge in the global market.

You can register here for the invitation.

Ready to Elevate Your IP Strategies? Stay Updated with the TIP Tool™

Attending the top IP conferences in 2024 is your ticket to the latest industry trends, valuable networking, and stronger IP strategies.

The TIP ToolTM can be your reliable companion in your endeavor to strengthen your IP efforts. Here is how:

  • More Disclosures: Engage your innovators effortlessly with our intuitive, inventor-friendly form. Want the forms to be available offline also? No problem. Inventors can complete the form anytime, anywhere, and the TIP Tool™ effortlessly syncs and stores the data.
  • Pipeline Visibility: Obtain a complete picture of your ideas and patents pipeline. This feature allows you to keep a tab on your innovation funnel, identify any slowdowns, and adjust your strategies for innovating and securing patents effectively.
  • Real-time Collaboration: Facilitate seamless collaboration amongst inventors, patent attorneys, and business teams. Our Google Docs-like interactive interface facilitates the thorough vetting of ideas. With that, you can ensure the selection of only the most promising ideas for patent protection.
  • Cost Prediction: Make the most of your IP budget by strategic selection of ideas for patent applications, patents to maintain, etc. based on end-to-end cost estimations provided by the TIP ToolTM.
  • USPTO Updates: Stay in sync with the USPTO on applications’ and patents’ status updates automatically via the TIP ToolTM without relying on outside counsel, thus reducing legal bills.

Transform your IP insights into action with the TIP Tool™. Join now for a smarter IP strategy!