SAN MATEO, Calif., June 20, 2017 /PRNewswire/ -- Nav, a platform that bridges the gap between small businesses and financial institutions, today announced the Company's Board of Directors selected Janet Zablock, Head of Global Small Business at Visa, Inc. as an independent member. The appointment comes on the heels of a Series B funding increase to $38 million led by Goldman Sachs Principal Strategic Investment Group. More than 250,000 small business owners now use Nav's platform to manage their business's financial health and find the right funding for their needs.
"We are excited to welcome Janet Zablock to Nav's Board of Directors. Zablock's addition is an endorsement of how Nav is working to guide small business owners through the complex world of business credit and financing," said Levi King, co-founder and CEO of Nav. "With her decades of small business lending experience at Visa, Zablock's appointment comes at a perfect time as we scale to make life easier for millions of business owners."
Zablock has more than 20 years experience managing commercial payment products for Visa, Inc. She directed the development and implementation of a strategic vision for Visa Business products targeted at small businesses. She led a team that coordinated all small business credit and debit product efforts and she helped develop the Visa-branded SmartPay commercial card program for the U.S. federal government.
"Small businesses have traditionally struggled to navigate an increasingly complex lending process," said Janet Zablock. "I'm thrilled to lend my expertise to a company that's empowering small businesses by making it easier to get the credit and financing they need to grow."
Nav is the only place small business owners can access their business and personal credit reports, and cash flow data on a single platform. Nav uses this data to provide business owners with key insights and guidance into their business's financial health. This lets business owners qualify for more funding and lower their costs. It's lender-neutral marketplace also uses this data to make financing recommendations, so business owners can quickly connect to the right financing for their situation.
"I faced cash flow challenges that inhibited my ability to make business decisions," said Chad Brueske, President of Fidelity Funding International, Inc. "With Nav, I have a better appreciation and understanding of my business credit. I have a partner who's helping me take care of my business's financial health, and making things easier whenever I need financing."
Nav.com helps business owners get more funding, lower their costs and save time so they can create the business of their dreams. Its app gives free access to credit reports and scores specifically for small business owners, including both business and personal credit reports, cash flow analysis, tools to help build business credit and a marketplace with more than 100 financing products, including credit cards. Its marketplace uses a lender-neutral algorithm to help business owners find the best financing options for their needs before they apply. The company has offices in Silicon Valley and Salt Lake City. For more information visit: nav.com.
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