As you use your Nav Prime Card, your activity is automatically reported monthly as a tradeline to Experian, Dun & Bradstreet, and the Small Business Financial Exchange (SBFE), which also shares tradeline data with Equifax.
By using the card for regular business purchases and making on-time payments, you can build positive business credit history.
Nav Technologies, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Nav Prime Charge Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. See Cardholder Terms for additional details. All other features of the Nav Prime membership are not associated with Thread Bank.
With regard to credit building features: scores are calculated from many variables; some users may not see improved scores. The Nav Prime Charge Card is a business financing product and may not be used for personal, family or household transactions.