Learn How a Shelf Corporation Can
Dramatically Help Your Business
There are many benefits that shelf corporations can enjoy and it often makes sense for a small business owner to make the initial investment to overcome the following business credit problems:
 Many business credit vendors will require a corporate start-date at least two years ago and often three, making it difficult to obtain the tradelines necessary to build a strong business credit profile.
The business credit bureaus frown upon a new business applying for a significant amount of credit and will often red flag it for future applications, resulting in an automatic decline on all future business credit applications.
Lenders for business loans and lines of credit won′t even consider approving an application unless the corporate start-date is at least three years ago, often five.
With the right shelf corp in place, the small business owner will find it easier to save up on precious years of struggle and strife. Thus, instead of trying to sell you the idea of shelf corporations, I′ll share your options for having a shelf corporation with established credit of your own.
Purchase an established shelf corp from a company for anywhere from $2,000 to $10,000. This will either be a blank canvas for you to start building corporate credit with the added benefit of corporate age, or possibly a company with established business credit profiles that can be changed into your name.
You may also consider purchasing an established shelf corp with lines of credit attached for $20,000 to $500,000.We have yet to find a credible company providing such a service and we have found it impossible to replicate ourselves given the state of the current lending environment..
The Best Option is to Do-it-Yourself by establishing a corporation in the exact same fashion as the companies you could use in the first option. |
