| 06 December 2011
seasoned corps for sale – Do you want to learn more about “seasoned corps for sale”? If so the...seasoned corps for sale – Do you want to learn more about “seasoned corps for sale”? If so then this article below may be exactly what you have been searching for…
An Seasoned Corp is a company or corporation that has had no activity. It was put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one., and can be used as a Fast-Track Solution to Corporate Credit and Financing.
In most cases, a seasoned corp has never conducted business activities, have no debts, liabilities or bank accounts. Once the seasoned corp has aged, they are sold to individuals interested in owning an established company with a clean history. Seasoned Corps with credit, make it easier to build corporate/ business credit, qualify for business loans, and opportunities to obtain business contracts.
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.
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 seasoned corps for sale or about acquiring an Seasoned Corp today!