When the Nav Prime Card tradeline stops reporting, there is no automatic or immediate business credit score decrease solely due to the Nav Prime Card tradeline no longer reporting. Your payment history will remain on your business credit report for a period of time, even after reporting ends.
That said, business credit scores are calculated using many factors, including:
Overall payment history
Credit utilization across accounts
Length and mix of credit
Activity on other tradelines
Because of this, the impact can vary from business to business. Some customers may see little to no change, while others may notice a small adjustment over time as their business credit profile updates. To continue building business credit, we recommend:
Keeping other credit accounts in good standing
Paying bills on time
Maintaining low balances where possible
We’re also working on a new, more powerful credit builder card designed to scale with your business, which will provide another way to help you build business credit going forward. You can join the waitlist here.