Yes. If your payments are at least 30 days past due, we will have to report the missed payment as delinquent, which could negatively impact your business credit score. If you do not pay off your missed payment by 90 days past due, we will have to initiate collections, which can negatively impact your business credit score and be viewed by lenders, credit issuers, and potential partners viewing your business.

The Nav Prime Card is a daily repayment charge card. All purchases on the Nav Prime business charge card must be repaid in full daily. If you miss a repayment, your account will be locked until you pay the outstanding balance.

Nav Technologies, Inc. is a financial technology company and not a bank. Banking services provided by Blue Ridge Bank, N.A., and Thread Bank, Members FDIC. The Nav Visa® Business Debit Card is issued by Blue Ridge Bank, N.A., and the Nav Prime Charge Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa cards are accepted. Your funds are FDIC-insured up to $250,000 through Blue Ridge Bank, N.A., Member FDIC.