LOS ANGELES, April 3, 2019 /PRNewswire-PRWeb/ -- Nav, a venture-backed fintech company that matches business owners with their best financing options and offers free access to business credit reports, has been selected as the winner of the "Best Small Business Lending Solution" award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global fintech market.
"It is an honor to be recognized for our unique lending platform," said Levi King, Nav's CEO and Co-Founder. "By demystifying business credit and giving business owners the quickest and best path to obtaining financing for their business, owners can focus on what they love doing — running their business. This award is a firm testament to the hard work and dedication that the entire Nav team puts in each day — making the world of business financing easier to understand and more accessible."
Nav leverages a proprietary in-house technology to make understanding the multitude of business financing options easier than ever before, matching business owners with customized credit card and alternative financing recommendations based on cash-flow insights and business and personal credit data from Dun & Bradstreet, Experian, Equifax and TransUnion.
With more than 110 financing options in the company's online marketplace, Nav is one of the largest online business lending marketplaces. Since 2017, Nav has helped facilitate more than $250 million in business financing approvals and has continually added new credit cards and financing options for its 450,000+ customers.
"While most small businesses are fully aware that cash flow and capital are keys to success and growth, it can be intimidating and complicated for small businesses to understand and leverage their credit data to get better access to capital," said James Johnson, Managing Director, FinTech Breakthrough. "Nav clears the air around the cloudy skies of business credit with simple and effective tools for business owners to view and manage credit scores and related data, as well as secure personalized financing recommendations and options."
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2019 FinTech Breakthrough Award program attracted more than 3,500 nominations from across the globe.
About Nav
Nav is a free site and app that gives business owners the fastest, easiest and most trusted path to financing. The leading Business Financial Management app, Nav gives free access to personal and business credit reports from major consumer and commercial credit bureaus including Experian, Dun & Bradstreet, Equifax and TransUnion, and hosts a robust marketplace with more than 110 business financing products including loans and credit cards. The marketplace uses a unique, lender-neutral approach to help business owners find the best financing options for their needs. Nav's solution is also leveraged by other business service providers to enhance their customer experience. The company has offices in Silicon Valley and Salt Lake City. To learn more visit, Nav.com.
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
SOURCE FinTech Breakthrough
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