| 06 December 2011
aged shelf corporation funding – Do you want to learn more about “aged shelf corporation funding...aged shelf corporation funding – Do you want to learn more about “aged shelf corporation funding”? If so then this article below may be exactly what you have been searching for…
Instantly have many years of existence that you can brag about. The People you will be doing business with, such as Clients, Suppliers, Lenders, Investors, and even the Government will often require that your Business be a certain age, usually 2 to 3 years old at the very least before they will even consider doing business with, investing in, or lending to your corporation. Without an Shelf Corp, you would miss out on many great opportunities to make money and grow your Business because no one likes to deal with Start-Up Businesses, which is what you would be considered when you start a new Business, unless of course you were smart enough to purchase a quality Shelf Corp.
Remarkably, the name of the shelf company is NOT as important as you think. What you do is more important than the name of your company. But you still want a catchy name, right? Obtain the shelf company and file it in your home state. Then determine if the preferred name is available in your home state. File a Doing-Business-As (DBA) in that state, if the name is available.
It is important to choose the age appropriate to your needs. For a building contractor or consulting company the number of years in existence is important to the clientele. If you have been in the construction industry for 15 years, for example, obtaining a 15-year-old corporation may make sense because it corresponds with your time in the business. In order to obtain some contracts, the typical business age requirement is two years. That may not be the only factor in obtaining a bidding agreement, but it may be one of the many check-the-box items, especially, as we mentioned, when your corporate age and business age match one another. Moreover, some report that for a business that wants to build corporate credit, the older the better.
In order to get funding and financing for a new company, you will need to prepare your business from the beginning to build a credit ready business. This takes time... at least 6- 9 months for a new business to start building good solid reporting trade lines. Most banks or lenders will turn you down for for credit until you have a minimum of 2 years history and reporting good credit trade lines with vendors.
Fill out the web form on this page right now to request more details aged shelf corporation funding or about acquiring an Shelf Corp today!