Should I Get a Business Loan or Credit Line?

As the new year approaches, you probably have some big goals or plans for your small business. Chances are that those goals require money, money that you may not have on hand. This may mean it’s time to look into financing. To many business owners, debt is certainly a four-letter word and something to avoid, but a well-chosen path of financing can make all the difference. If you’ve been denied in the past because of a low business credit score, Read More

10 States With the Best Business Credit Scores in 2018

It’s good to be a business owner in the Aloha State. Not only do they live in a notoriously beautiful place, Hawaiian companies have the highest credit scores of any U.S. state, averaging a business credit score of 54.6 on the Experian Intelliscore Plus℠ scale of 0 to 100. Hawaii’s credit score is considered low- to medium-risk. Businesses with scores in this range typically find it easier to qualify for loans with the best terms and lower interest rates. According Read More

The Money Problem That Could Sink Your Business

Getting “ghosted” is never a good thing, especially when it comes to your credit scores. They can determine whether you can borrow money for your business, and how much borrowing will cost you. When you have little or no credit history, you’re essentially a “ghost” to the credit bureaus. Being a ghost can mean paying hundreds of thousands more in borrowing costs. It can also put you out of business. Many business owners fall into the “ghost” category because they Read More

What Trump’s Health Care Order Means For Small Businesses

On Thursday, President Trump signed an executive order intended to allow small businesses and potentially individuals to buy health insurance that bypasses state regulations and Affordable Care Act (ACA) protections. This comes after efforts to repeal and replace ACA failed to pass in Congress earlier this year. We previously wrote a deep dive covering what a complete repeal of ACA would mean for small business owners. The most extensive part of the president’s order is a move that would allow Read More

Video: The Unique Way Nav Solves for Small Business

Despite the outsized role they play in the economy, it’s damned hard to run a small business in America. Nearly half of all startups are forced to close shop within five years. These are people who work their tails off, sacrificing for their employees and families, often pouring personal savings into their business. In many cases, they simply run out of money. Nav is on a mission to help more of them succeed. It’s one of the reasons we were Read More

Nav Named to CB Insights’ Fintech 250 List

At Nav, we’re using data and technology to give small business owners a more effective way to manage their business’s financial health. That’s why we’re honored CB Insights named Nav to their Fintech 250 list, which recognizes the most promising, private fintech companies from around the world. The list was revealed during Future of Fintech 2017 event in NYC on June 27th. “The financial services industry will see more change in the next 10 years than it has in the last 100. Read More

10 States With the Best Business Credit Scores in 2017

It’s no secret that personal credit scores are a barometer of financial strength. The better your score, the easier (and cheaper) it is to get things like a mortgage or car loan. But, did you know small business owners have a separate business credit score for their company? The two scores share commonalities, both impact a business owner’s ability to get financing, but they also have surprising differences. While personal and business credit scores are both influenced by region, new Read More

2 Ways to Win This Small Business Saturday

As a small business owner, you’re part of a tribe. You may not have a lobbyist in D.C., but you do have each other to rally around. Events like Small Business Saturday can help. This year, the “shop small” holiday falls on Nov. 26—smack dab in the middle of Thanksgiving weekend. You shouldn’t ignore it. The event has become a key piece of the holiday shopping season; over 88 million people have taken part since 2010. Nav believes small businesses Read More

Experian® and Nav Partner to Provide Transparency and Financial Access to Millions of Small Businesses

New Approach Will Save Small Businesses Valuable Time and Money. Costa Mesa and San Mateo, Calif. Sept 21, 2016 – Experian®, the leading global information services company, and Nav, the only free source for both personal and business credit scores, today announced a strategic partnership to provide small businesses greater transparency into their business and personal credit data, along with instant access to their most-qualified financing options based on their credit profile. This new and free approach saves small businesses Read More

[Infographic] How Nav’s MatchFactor Gets You the Best Financing

Last week we announced the launch of our proprietary MatchFactor technology, which makes it way easier for you to see and apply for business financing options you’re most qualified for. Nav does this by instantly comparing your credit data and business information to a lender’s known requirements. It filters and calculates your match score for dozens of the top business lenders and credit cards—all behind the scenes. The higher your score, the more likely you’ll be approved. This saves you Read More