SALT LAKE CITY, March 18, 2022 (GLOBE NEWSWIRE) — Navigation Technologies, Inc. (“Nav”), the online platform that helps small business owners compare financing options and simplify access to financing, today announced their selection as “Best Loan Company to businesses as a whole” as part of the 2022 FinTech Breakthrough Awards. FinTech Breakthrough is a leading business intelligence organization that recognizes the best companies, technologies and products in the global fintech market.
The company’s award-winning smart platform makes it easier for small businesses to get what they need, starting with access to capital and financing. By analyzing a company’s data in real time, including cash flow, credit and revenue, Nav is able to create a transparent view of a company’s financing options. This means small business owners can make informed decisions with more certainty and confidence.
“This award is a testament to our understanding of the small business community and our ability to address their most pressing concerns,” said Greg Ott, CEO of Nav. “We are honored to be named the Best Overall Lending Company by Fintech Breakthrough. We have seen firsthand the positive impact our work at Nav has had on small businesses. Our business is growing by helping more and more small We pride ourselves on our innovative approach to providing a wide range of solutions to underserved small businesses.”
Nav has helped over 1.4 million small businesses access funding recommendations based on real-time customer business data. This is even more crucial in today’s volatile economy. Faced with a lending landscape created to serve large corporations, many small business owners struggle to find the right financing option. The result is wasted time, frustrating rejections, and damaged credit. Nav continues to drive change for small business owners, making it easier to seamlessly compare options and confidently find the right solution specific to their needs.
The 2022 FinTech Breakthrough Award program attracted over 3,950 nominations from around the world in various categories including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech and InsurTech.
Navigation is the largest marketplace for organized financial products for small businesses. Using real business data and proprietary scoring, Nav gives small businesses more transparency in finding the right loan or credit card option. Nav offers a unique financial health dashboard that displays credit and cash flow information along with recommended financing options. Nav’s platform also integrates seamlessly into other software and websites, making it the leading integrated financing solution for SMEs.
About FinTech Breakthrough
Part of Technological breakthrough, a leading recognition and market intelligence platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program is dedicated to recognizing business and product excellence in technologies and financial services. The FinTech Breakthrough Awards publicly recognize the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech, etc For more information, visit FinTechBreakthrough.com.