| 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 shelf corp can propel your business start-up and establish the foundation for success, quickly.
These are "true" shelf corps, in that they have never done any business and do not have any liabilities. These companies all have IRS EIN Numbers. Unlike some Registered Agents, we have taken excellent care of these Companies, investing in them every year by paying for and making the annual Secretary of State list filing AND the annual State Business License to keep them in "Continual Good Standing". These companies have NEVER had their Charter's "revoked" and then later "re-instated" when a buyer is found.
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 shelf corp to adopt that liability and relieve the promoter from it. This strategy should only be attempted with the assistance of an attorney.
If you are looking for financing put together a one page data form that lists all of your business information needed for obtaining corporate company credit. This check list will insure you have a strong foundation before you start applying for credit or loans. If you are unclear of what this data sheet is call a business specialist and ask what will be required for building a solid foundation. If they do not know then move on, they do not know credit requirements. Find a credit expert that can answer your questions or find a good corporate Credit eBook to assist you.
Fill out the web form on this page right now to request more details shelf corp how to or about acquiring an Shelf Corp today!