Tay Cooper-Clark
Obtaining NAV Tradelines
In today’s world with so much information available at our fingertips, one would think it would be easier to find exactly what we’re looking for online. Especially for small businesses and building them. I would like to bring to your attention a service that can help with building business credit and the best way to obtain its tradeline.
WHAT IS NAV?
Nav is an online platform that aids with building business credit. It offers monitoring and tradeline reporting services for small businesses through the four major credit bureaus. Aiding your business by allowing you to qualify for higher quality funding options.
Nav is unique in that its position allows for it to help businesses build trust with lenders for credit approvals. Providing free access to not only credit reports for your business, but also for yourself. From all the major credit bureaus. Including Equifax, TransUnion, Experian, and Dun & Bradstreet.
Standard accounts are free and offer several features, including:
- Summaries of business credit reports & scores – Dun & Bradstreet, Experian, Equifax
- Summary of personal credit reports & scores – Experian
- Twenty-four-hour credit reports
- MatchFactor – powered financing marketplace
- Cash flow alerts & insights
- One on One access to credit, and lending specialist
HOW TO OBTAIN A LINE
Nav doesn’t need any eligibility requirements to use their services. However, some necessary information is. Nav must have your business’s name, and address (This can be personal or a business location) to create an account, and your social security. If you need more than the standard package provides you can also pay for a higher tier. Which will then require a payment method.
IS NAV RIGHT FOR YOU?
Nav is right for anyone who has or wants to grow their small business. They assist with building credit profiles that lenders can trust, through tradelines.
Tradelines are credit industries fancy name for an account on a credit report. It tracks credit activity and reports it to credit reporting agencies. Tradelines are used by credit bureaus as an essential part of how they calculate a borrowers (business) credit report.
NAV Tradelines has a range of benefits to take advantage of, besides tradelines.
- Credit Education – Nav often works with local small business development centers. As well as the U.S. Small Business Administration. Providing webinars, hosted presentations, and more!
- Identity Insurance – Technology is constantly evolving and growing. Becoming more apart of our daily lives. And as it does so does the threat of hackers and scammers. Nav provides identity theft insurance, which can cover up to a million dollars.
- Access to Major Credit Bureaus – The base free account offers business credit reports from three major credit bureaus. Depending on the tier you use you could have your business have access to all four as well as two for personal reports.
- Up-to-date credit information – Having credit information for your business and personal in one location can help with organization and provide easier referencing when approaching lenders for financing.
Business tradelines are important for the growth and development of your company. Nav has been consistently helping other small businesses since 1983. Its services have helped millions of small businesses, raise their capital. Or assist with refinancing loans for a better rate and term.