| 06 December 2011
aged corp funding – Do you want to learn more about “aged corp funding”? If so then this artic...aged corp funding – Do you want to learn more about “aged corp funding”? If so then this article below may be exactly what you have been searching for…
Aged Corps, or aged aged corps, are companies that have been registered and then set aside to age. When you establish corporate credit, government contracts, acquiring a loan or leasing equipment, it is often important to have a company history and an established existence. They can show longevity and improve your company's image. 50% or more of all new businesses fail in the first year. This can reduce the risk of the lender to decide to issue your company business credit lines.
Start-up costs are the largest expense a business owner can face. To complicate the matter, many companies will not lease or extend credit to a business without at least 6 months of history. Aged Corps provide a clean history that can assist in overcoming many obstacles encountered in establishing business credit with local suppliers. A aged corp with at least six months of age is beneficial for many new businesses.
Many times immediate action must be taken to reduce exposure and control damage. This is best served by the use of a aged corp or shelf limited-liability company (shelf LLC). You have assets to move and you don't have time to talk or crunch numbers. It's go-go-go. Obtain the EIN, set up the account and move the cash to meet your business needs. Get straight to the marketing of your product or service without delay.
An idea that has been around for some time and seems to be picking up steam as of late is Aged Corporate Credit. Corporations, just like people after they have been around for some time build credit. The credit built by the Corporation is what is usually used in the business world versus an individual Fico Score in the personal world. When a corporation becomes idle there is still credit just as in most cases when personal credit is used (and then the personal credit remains idle) a credit score remains. The credit left by the Corporation is Aged Corporate Credit.
Fill out the web form on this page right now to request more details aged corp funding or about acquiring an Aged Corp today!