| 06 December 2011
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Building Business Credit and a Corporate Credit Profile is accelerated with a shelf company. The older your business is, the more likely you are to be approved for various types of business financing. Making a small investment into an aged corp can propel your business start-up and establish the foundation for success, quickly.
By purchasing a aged corp you have acquired the validation of time. In many circumstances clients judge the value of a business by the length of its business history. Business owners can now claim, "We've been in business for three years," or as old as the corporation has existed, creating the perception of business stability. The use of a aged corp for this purpose is a marketing strategy aimed at increasing consumer confidence in new businesses. Most people do not ask or care in what capacity the business existed or by whom it was previously owned.
Unforeseen liabilities can surface after a contract has been signed with your business. The "promoter" can be held personally liable for the financial obligations of a contract. It is possible to acquire and use the aged corp to adopt that liability and relieve the promoter from it. This strategy should only be attempted with the assistance of an attorney.
Building the corporate foundation first is essential when securing vender trade accounts and unsecured larger lender loans. If your company is new, it is consider a new company and will take a couple of years to build the proper business history, trade lines and credit to meet most vender credit requirements. Assuming you added a corporate credit building program to your new business over the first couple of years then you are well a heard of the game and now the company is ready to start looking for additional financing to grow your business.
Fill out the web form on this page right now to request more details nevada aged corporation with credit or about acquiring an Aged Corp today!