Nav Technologies, Inc. announced an extension of its partnership with Enova SMB, which comprises OnDeck and Headway Capital, two small business financing brands from Enova International. Nav Technologies, Inc is a simple and intelligent finance platform that simplifies the process of comparing financing choices for small businesses. The partnership enables Nav to be the first two-sided, open marketplace to significantly simplify capital access by allowing eligible consumers access to fast lines of credit with money accessible as soon as the following business day*.
Through its partnership with Enova SMB, Nav is the only platform that can combine customer business data with its network of lender relationships to provide instant financing, making it easier than ever for qualified small businesses to access capital.
“Until now, small businesses were left victim to the highest bidding lender on Google or led to blindly accept the one option presented by a closed system provider. By capturing the customer data lenders need in advance, Nav is uniquely positioned to provide access to the first instant financing offers in an open environment. This means small business owners can now evaluate loan options with more certainty and confidence.”
Walt Levengood, Nav VP of Sales and Business Development
Nav will continue to innovate, enabling small companies to evaluate options and confidently select the best solution for their requirements. Nav has helped over 1.4 million small companies get the best financing solutions based on real-time company data.
Jim Granat, Head of Enova SMB stated, “We are thrilled to partner with Nav to enable small businesses to easily compare loan options and, ultimately, help more small businesses achieve their goals with fast, flexible and transparent funding.”