If you are considering obtaining at least $300,000 business credit without being forced to use your personal credit for approvals; then you may want to consider utilizing a Shelf Corporation to get high end funding from major banks and creditors. A Shelf corporation is a type of company, that was in business and it dissolved or went out of business for personal reason. Some shelf corps were also established only for the purpose of being sold in the near future to a new principal.
The process of registration of such company and its sale is completely 100% legal around the world. As such some companies are formed just for sale and has no activity and their are also some shelf corporations that comes with an established Dun & Bradstreet Paydex score as provided at Credittude Credit Repair. Most known shelf companies as they are established to be put on a “shelf” in order to achieve “age”. It is because age increases the value and worth of these companies & then they can be sold for higher prices in most cases. Those type are called ‘reddi-made paper companies’ which are formed after fulfilling all the legal requirements.
These companies are also very beneficial for both company’s original owner and also to the one who purchases the ‘Shelf Company’. These companies are really important for those who want to start their small business immediately because these companies saves the time for registration process of establishment of new corporation which must be formatted correctly. Such shelf corporations provide several other detailed benefits for those who buy these corporations. Following are few important points that prove shelf companies are very beneficial.
As mentioned above, the most important purpose for these shelf corps is to save the buyer from a oustanding and complicated registration process that is required before the start of any business.
If you want to open a bank account immediately without the mess of establishing and registering a new company to assist with obtain six figures of corporate credit, then purchasing shelf corp is the best possible option for you. In most of the cases, you will be able to open a bank account in a single or couple of days without facing the nuisance of buying new company, Going through the yellow tape’s and red lines to fine-tune your personal situation.
Another important benefit for the buyer of Shelf Corporation is its age. There are several benefits related to longevity of a company! You will get an edge in the market as others will consider the shelf company as an established company and feel secure to do business with. Apart from that, you can easily get leasing equipments as leasing companies prefer to involve with corporations established few months or a year ago. corporate apartments and houses and the list goes on. There are few locations where a minimum period is required for companies to bid on contracts and shelf corporations easily fulfill this condition.
Our shelf companies at Credittude are also helpful in retaining the privacy of business in a legal matter as the whole procedure of formation along with sale and purchase of shelf companies is according to law.
For more details on obtaining a shelf corporation or if you would like to inquire about getting started on buying a shelf company, contact us today at 1-800-998-3452 to speak with a shelf corp expert.