At JD Capital Solutions, we spend a lot of time helping business owners navigate the financing process.
And one thing we see over and over again is this: getting financing isn’t only about finding the right lender. It’s also about making sure your business is ready when the right opportunity comes along.
That’s why we’re pleased to announce that JD Capital Solutions has partnered with Nav, a financial technology platform designed to help small business owners better understand their business credit, cash flow, and overall funding readiness.
What Is Nav?
Nav gives business owners a centralized place to better understand how their business may look from a financing perspective.
Through Nav, business owners can access tools designed to help them:
- Monitor their business credit
- Review factors that may affect funding eligibility
- Track important aspects of their cash flow
- Better understand what lenders and vendors may consider when evaluating their business
- Identify steps they can take to become better prepared for financing
- Explore potential business financing options
Instead of waiting until you need financing to start thinking about these factors, Nav can help you keep an eye on your financial profile throughout the year.
Why Business Credit Matters
Many business owners are familiar with their personal credit score but know much less about their business credit profile.
Depending on the lender and financing product, business credit can be one of several factors considered when evaluating an application.
Your business credit profile may contain information about your company’s payment history, credit accounts, outstanding balances and other activity associated with the business.
Understanding what is being reported can help you identify potential issues before you’re in the middle of a loan application.
That’s particularly important when you’re preparing for a major business move such as:
- Purchasing or refinancing commercial real estate
- Applying for an SBA loan
- Establishing a business line of credit
- Purchasing equipment
- Refinancing existing business debt
- Financing an acquisition
- Expanding to another location
- Building additional working capital
See More of What Lenders May See
One of the reasons we like Nav is that it gives business owners greater visibility into information that may affect their ability to obtain financing.
Nav’s Credit Health tools can provide insight into business credit information from major commercial credit bureaus, while its Funding Readiness tools help business owners understand factors that may affect financing eligibility.
That can make conversations about financing much more productive.
Instead of simply asking:
“Can I get approved?”
you can start asking:
“Where does my business stand today, and what can I improve before I apply?”
That’s a much better question.
Build Your Business Before You Need the Money
The best time to prepare for financing is usually before you urgently need financing.
If you’re planning to purchase a property six months from now, expand next year, refinance expensive debt, or establish a larger credit facility, understanding your financial profile ahead of time can give you an opportunity to address potential weaknesses.
That could mean reviewing your business credit, improving your financial reporting, strengthening cash flow, reducing expensive debt, correcting inaccurate information, or simply allowing more time for your business to establish a stronger track record.
Preparation doesn’t guarantee an approval or a particular interest rate, but it can put you in a better position when it’s time to approach lenders.
Nav + JD Capital Solutions
We see Nav and JD Capital Solutions serving two complementary roles.
Nav helps business owners better understand and monitor their financial and credit profile.
JD Capital Solutions helps businesses navigate financing strategy and identify appropriate lending solutions when they’re ready to pursue capital.
For our clients, that creates a more complete process:
Understand your position → Strengthen your financial profile → Prepare for financing → Find the right capital structure.
Whether you’re looking for an SBA loan, commercial real estate financing, a business line of credit, equipment financing, refinancing, or another business financing solution, preparation matters.
Get Started With Nav
If you’d like to see where your business stands, you can sign up for Nav through our JD Capital Solutions partner link.
Check Your Business Credit & Funding Readiness With Nav →
You can start with Nav’s free account and explore the tools available for your business.
Then, when you’re ready to discuss financing, JD Capital Solutions can help you evaluate your options and determine an appropriate financing strategy for your business.
About JD Capital Solutions
JD Capital Solutions helps business owners nationwide navigate commercial financing. We work with businesses seeking SBA financing, commercial real estate loans, lines of credit, equipment financing, refinancing, acquisition financing and other commercial lending solutions.
Big Apple Roots. Nationwide Reach. 🍎
Disclosure
JD Capital Solutions is a Nav partner and may receive compensation when users sign up for or purchase certain products or services through links on this page. This partnership does not affect the financing recommendations or guidance we provide to our clients.
Nav Technologies, Inc. is a financial technology company, not a bank. Financing products are subject to applicable lender underwriting, eligibility requirements and approval. Credit-building results may vary.
