Category: Business Credit

The Essential Business Credit Starter Pack for Your LLC

When starting a business, entrepreneurs often feel a lot of pressure to do a lot quickly. Pick a business name. Create a website. Set up a business entity. Get a business bank account.  These steps are all important to set your business up for long-term success and need to get done. Since you probably don’t have time to waste, you’ll want to pick the most efficient options available.  Building business credit should be on your to do list, because the… Read More

The Factors That Influence Business Credit Scores

While you’re hard at work in your business, credit bureaus are also working behind the scenes to compile credit reports that can help (or hurt) your business for months or years to come.  Suppliers may review your business credit profile to decide whether to do business with your company, or offer payment terms like net-30 terms. Small business lenders may use these reports and scores to decide whether to offer financing, and what interest rate to charge. And other businesses… Read More

Prepare Your Business for a Loan Checklist

You’ve run the numbers and realize that your business needs an injection of cash, either to get off of the ground or to grow. And you’ve decided to get those funds by applying for a business line of credit or loan. The next step is to understand what your business needs to qualify for the best small business loans with low interest rates and favorable repayment terms, and what you can do to prepare your business for the application process.… Read More

Unlocking Business Credit: Leveraging Credit Karma for Business

If you’re interested in checking or building credit to qualify for credit cards or loans, you’ve probably heard of Credit Karma.  What if you’re also a small business owner? Can Credit Karma help you check your business credit or qualify for business financing? Learn about Credit Karma for business. What Is Credit Karma? Credit Karma is best known for providing consumers with free credit scores and credit report monitoring. It offers free personal credit scores and reports.  It also helps… Read More

Enhance Your Small Business Finances With 5 of Nav Prime’s Key Features

Managing financial goals is one of the many tasks business owners and entrepreneurs have on their plates on a daily basis. Nav Prime is a business bundle that helps you simplify your small business finances and build up credit to get better financing.  Nav Prime includes the Nav Prime Card, up to six detailed credit reports, and a business checking account. Brief Background on Nav Prime as a New Financial Solution Small business owners can think of Nav Prime as… Read More

How This Microgreens Farm Is Growing With Nav Prime

Husband and wife team Ryan and Taryn Lockwood launched Houston-based BCK Ranch — a microgreens farm — in 2022. They're now focused on expanding. However, like many new businesses, they have run into a few stumbling blocks when applying for funding. Let’s explore how BCK Ranch is using Nav to maneuver through common financing challenges and to get a jump start on their business credit. The BCK Launch Story BCK Ranch came to life like most small businesses — out… Read More