Category: Business Financing

There are six main steps to getting a business loan in North Carolina: 1. Learn what lenders look for. 2. Decide what type of financing you need. 3. Find out how to get approved. 4. Gather documentation. 5. Find a lender. 6. Fill out the application. This article explores what it takes to get a business loan in the Tar Heel State and how Nav can help. 1. Learn What Lenders Look for in North Carolina Small Businesses If you're… Read More

While venture capital is most often associated with startups and entrepreneurs in the tech or other high-growth industries, small business owners may also be able to tap into this funding resource. Venture capital (VC) firms seek out high-growth businesses that can promise a high rate of return on their investment. Let’s examine a venture capital definition, how venture capital works for small businesses, how to ask for venture funds, the pros and cons of venture capital, and alternatives for financing… Read More

Starting a business in Alabama can be an exciting and fulfilling experience, but it can also be challenging. One of the biggest challenges small business owners in Alabama face is securing funding to get their business off the ground or to grow it. Fortunately, there are many lenders in Alabama that offer small business loans. Before applying for a small business loan in Alabama, it’s important to understand how lenders evaluate loan applications. Lender profits depend on whether or not… Read More

Whether you’re planning to enter the mining industry or have a successful rare earth mining business, you’re going to need funding. Mining rare earth metals is especially challenging — but rare earth mining funding can be essential in seeing success in your business.  Learn what rare earth metals are, the current opportunities in the industry, why you need rare earth metals mining financing, and the best options for funding in this article from Nav’s experts. What Are Rare Earth Metals?… Read More