Nav Expands Business Credit Coverage with New Partnership with Creditsafe
Nav has integrated data from business credit bureau Creditsafe into its platform, providing small business owners access to their full range of trade credit information. This partnership allows users to view Creditsafe Risk Scores and reports alongside those from Dun & Bradstreet (D&B), Experian, and Equifax in one centralized dashboard on Nav's platform. The integration aims to help businesses understand how they are perceived by vendors before applying for net terms or other forms of credit. This is intended to reduce the surprise factor when applications get denied due to poor business credit profiles. Levi King, CEO of Nav, emphasized that funding readiness involves more than just bank loans and includes supplier relationships. Mark Laube from Creditsafe noted that this partnership gives visibility into data typically used by vendors for decision-making directly to small businesses. This allows them to proactively address issues in their credit standing before facing rejections.
