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Business Financing Predictions for the 2023 Economy

Greg Ott, CEO of Nav. Inc.

Podcast •
26:09
Min • Season 
4
 | Episode 
20
 • Published: 01/17/2023
Greg Ott, CEO of Nav. Inc.

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Summary

Tune in as Gene Marks talks with the CEO of Nav Technologies, Inc, Greg Ott about what business owners can expect in 2023 when it comes to financing. Hear what Greg had to say about finding the right financing for your business, the impact of interest rates, the increasing cost of capital, lines of credit, and much more.

Read more about how to secure financing for your small business.

Topics

00:20 – Introduction to Greg Ott

00:52 – What is Nav and how it works

03:02 – Finding financing that’s right for your business

04:01 – The impact of interest rates in 2023

05:46 – The increasing cost of capital

07:21 – Financing options through Nav

10:40 – SBA loans

12:28 – Reasons businesses don’t qualify

15:33 – Potential financing options in 2023

16:34 – Lines of credit

17:03 – Rising interest rates

23:14 – Financing alternatives in 2023

25:08 – Wrap up


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