| 06 December 2011
shelf corporations established credit – Do you want to learn more about “shelf corporations esta...shelf corporations established credit – Do you want to learn more about “shelf corporations established credit”? If so then this article below may be exactly what you have been searching for…
Shelf Corps, or aged shelf 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.
Shelf Corps are corporations or LLC's that have been formed in past years by American Incorporators Ltd., but have never been used. Each of these shelf corps was filed by American Incorporators Ltd. for the specific purpose of being a shelf company and all companies have had the annual franchise taxes and/or annual reports paid and filed with the Florida Secretary of State upon acquisition. All companies will be in Good Standing with the state of Florida.
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.
Here is the big secret! - In order to have a chance with building corporate credit - You must own an business that is registered as a corporation or LLC with the Sec of State. The company should have an established EIN number. an office, a business phone number listed with 411 directory and of course a duns number and credit profile. Once you have completed the business foundation you business is ready to add vender trade lines, loans and/or Credit Cards.
Fill out the web form on this page right now to request more details shelf corporations established credit or about acquiring an Shelf Corp today!