Newsroom Story Category: Press Releases

Nav Helps Over 80K Small Businesses Unlock PPP Funds in Latest Round

SALT LAKE CITY, Feb. 24, 2021 /PRNewswire/ -- Nav, the simple and intelligent financing platform for small businesses, today announced that they're working with more than 80,000 small businesses to unlock PPP funds and have already channeled more than $50 million to U.S. businesses in the latest round. Nav's technology is helping business owners navigate the complex application process quickly and easily. The White House has announced that, starting today, it will begin a 14-day period in which only businesses with fewer than 20 employees… Read More

Queens Butchery Wins Nav’s $10,000 Small Business Grant

SALT LAKE CITY, January 20, 2020 /PRNewswire/ -- Nav, the simple and intelligent financing platform for small businesses, today announced Prince Abou’s Butchery as the latest $10,000 grand prize winner of its Small Business Grant. Prince Abou’s Butchery is a provider of locally sourced, natural halal meats based in Queens, NY. Abou Sow, the owner and sole employee, will use the funds to expand his inventory, join local farmers markets, and employ staff to help with increased sales. "The Nav… Read More

Nav Partners with BizEquity to Help Business Owners Access PPP Funds

SALT LAKE CITY — January 13, 2021 — Nav, the simple and intelligent financing platform for small businesses, has partnered with BizEquity, the leading business valuation platform, to help small businesses navigate the Paycheck Protection Program (PPP) and secure the capital they need.  The past year brought unprecedented adversity for small businesses; in 2020, more than 100,000 SMBs closed due to the impact of COVID-19. PPP provides much-needed relief, but it’s difficult for many small businesses to navigate, apply, and… Read More

Nav Launches PPP Loan Application Portal For SMBs

SALT LAKE CITY — January 11, 2020 — Nav, the simple and intelligent financing platform for small businesses, today launched its PPP Application Portal to help small businesses quickly apply for the new round of Paycheck Protection Program (PPP) loans. The Nav PPP Portal simplifies and streamlines the process of submitting for PPP loans and guides business owners through application in 15 minutes. This functionality is enabled by Nav’s partnership with multiple national and regional lenders including the No. 1… Read More

Nav Releases Free Tools To Help SMBs Navigate New Round of PPP

SALT LAKE CITY, Dec. 30, 2020 /PRNewswire/ -- Nav, the simple and intelligent financing platform for small businesses, has launched a new Paycheck Protection Program (PPP) loan calculator alongside other tools and resources to help owners of small and medium-sized businesses (SMBs) access the latest federal funding and forgiveness. On the heels of the recently signed stimulus bill that includes new PPP loans and additional relief for small businesses, Nav's free-to-use resources include: PPP Loan Calculator: helps business owners quickly and easily determine what financing and… Read More

Nav Report Finds The Smallest Businesses Aren’t Treated Equally When Securing Financing

SALT LAKE CITY, Dec. 10, 2020 /PRNewswire/ -- Today, Nav, the simple and intelligent financing platform for small businesses, released a report showing that for very small businesses (VSBs) securing financing is much more difficult than it is for their small- and mid-sized counterparts. This gap comes in the form of likelihood of approval, ability to find the right offer, resources to complete an application and more. Nav surveyed 500 small business owners and examined their experience and expectations with business financing right now, a time when… Read More