National Bank Holdings in Denver has invested in the Nav marketplace for small business deposit and lending solutions.
The company said in a press release that it invested $5 million in Nav and that Tim Laney, its chairman and CEO, will serve as an observer on the marketplace’s board.
Nav offers a suite of tools to help entrepreneurs access, monitor, and build credit. It also provides small business owners with short- and long-term financing options.
“This partnership with Nav will help propel 2UniFi’s growth by expanding our reach to small businesses through Nav’s deposit and lending marketplace,” Laney said in the release.