Introduction
Your personal credit score matters—but so does your business credit. A strong business credit profile improves your chances of getting approved for loans, reduces interest rates, and helps you build supplier relationships. In 2025, Nav makes business credit management easier than ever. Here’s how to build business credit step-by-step using Nav.
What Is Business Credit?
Business credit is a score assigned to your company that reflects its ability to repay loans or meet financial obligations. It’s based on payment history, credit utilization, time in business, and more.
Why Business Credit Matters
Access to financing
Better insurance rates
Higher supplier limits
Improved cash flow
Separation of personal and business liability
Step 1: Set Up a Legal Business Entity
Incorporate your business as an LLC or corporation
Get an EIN from the IRS
Open a business bank account
Use your legal business name consistently
Step 2: Register with Credit Bureaus
Dun & Bradstreet: Apply for a D-U-N-S Number
Experian Business: Register your profile
Equifax Business: Set up reporting
Step 3: Use Vendors That Report to Bureaus
Net-30 vendors like Uline or Quill help you build credit
Make purchases, pay on time, and ask them to report
Step 4: Monitor Your Credit with Nav
Nav pulls data from all major business credit bureaus
See your scores in one dashboard
Get alerts on changes
Use Nav Boost to actively report your payments
Step 5: Get Matched with Financing
As your credit improves, Nav suggests loans or credit cards based on your profile. Their AI matches you to the most compatible offers.
Pros of Nav
Free and paid plans
Simple, intuitive dashboard
Boost credit with utility bill payments
Educational resources and score explanations
Loan matching engine built in
Cons
Advanced features only in paid plans
Doesn’t offer funding directly
Some lender matches require manual applications
Conclusion
If you’re serious about building and maintaining strong business credit, Nav is a powerful ally. It simplifies a confusing process and prepares you for long-term financial success.
