Founded in 2012, Nav is the free, modern way for business owners to manage their business credit and get streamlined access to financing. Its founders, Levi King and Caton Hanson, are lifelong friends and entrepreneurs. They were inspired to create Nav after their own experience dealing with the complexities of business financing.
Nav.com and its mobile app give free access to easy-to-read personal and business credit reports and monitoring all in one spot. It also provides tools to build business credit and a marketplace that matches users to lending options based on their approval odds. This all makes it much easier for business owners to get affordable funding, lower their costs and save time.
Nav’s Mission and Vision:
Nav helps all business owners everywhere build, protect, and leverage their credit data so they can confidently create the business of their dreams.
Nav will materially decrease the death rate of small businesses everywhere by bringing transparency, certainty, and efficiency to B2B commerce and financing.
Levi King is Nav’s co-founder and CEO. Prior to starting Nav, Levi co-founded Lendio, an online business financing matchmaker that helped over 1M million businesses search for funding. Levi had also previously started five other successful small businesses. After getting a handle on how business credit works, he was able to get business loans and financing more than 30 times.
Caton Hanson is Nav’s co-founder and SVP of Product Strategy and General Counsel. Before starting Nav, Caton owned a law firm that focused on helping business owners understand their business credit, business plans and financial modeling.
Nav has two locations: San Mateo, California and Salt Lake City, Utah.
Education Leaders and Advocates:
Nav is committed to bringing small business owners objective, actionable content for free. It regularly works with the U.S. Small Business Administration and local Small Business Development Centers to host educational presentations, webinars and more. Business owners can also follow Nav’s blog for weekly advice and tips.