Category: Business Credit

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. https://player.vimeo.com/video/947527480?badge=0&autopause=0&player_id=0&app_id=58479 The BCK Launch Story BCK Ranch came to life like most small businesses —… Read More

How Do Student Loans Affect My Business Credit Score? Exploring the Link Between Personal Debt and Business Creditworthiness

Many borrowers with student loan debt are facing the tough reality that the student loan cancellation they had hoped for is not likely to happen anytime soon. The Supreme Court recently ruled against President Biden’s student loan forgiveness plan which would have forgiven up to $20,000 in student loan debt for borrowers.  In addition to concerns about budgeting for student loan debt student loan payments after the payment pause ends October 1, 2023, those who are small business owners (or… Read More

The Fastest Tradelines for Businesses

Let’s face it. When it comes to our small businesses, we want to get results, fast. It’s no different if you’re building credit for your business: you want to find the easiest and most efficient way possible. Good business credit can help unlock more business opportunities and financing options, better interest rates, higher credit limits, and more.  Fortunately there is a way to shortcut the business credit building process, and that’s to get tradelines that help you build business credit… Read More