How To Use An Aged Corporation To Obtain Credit

A shelf Corporation can be acquired for any number of reasons. Sometimes a shelf corporation is acquired because doing so is a more cost effective and efficient way to start a business. Another reason for purchasing a shelf corporation is to protect your assets. Perhaps the most common reason, however, for buying a shelf corporation is to obtain credit. Should I Enroll in Wholesale Shelf Corporations’ Funding Program? One of the many advantages of purchasing a shelf corporation through www.wholesaleshelfcorporations.com’s is that you are eligible to enroll in its funding program. There is a one-time flat fee of $795. This entitles you to work closely with a dedicated coach who will show you the ropes about securing financing for your new shelf corporation. Through Wholesale Shelf Corporations’ sister company corporatecashcredit.com, this coach will help your corporation reach a Aged Corporation minimum Paydex score of 80, which is considered to be to the minimum to receive financing. Actually, your corporation is guaranteed to receive at least $60,000 in financing within 6 months. Is It Also Helpful To Have A Solid Personal Credit History? Yes it is. You should try to satisfy the following requirements. · a minimum credit score of 700 · 3 years of clean credit · at least three open revolving credit accounts · a revolving debt ratio below 30% · a maximum of 6 credit inquiries for the past 60 days If you are enrolled in the funding program and you are able to satisfy the aforementioned personal credit requirements, you are likely to be eligible to receive significant amounts of credit. In fact, www.wholesaleshelfcorporations.com says on its website that it is not unrealistic to expect as much as a quarter million dollars in financing within a relatively short period of time. This credit can then be put back into your corporation to develop a more robust business enterprise.