Watch this free video to learn the secrets to get funded fast. Dec, 2012 the most common pitch you will hear is that a company can sell you a shelf corporation that already has business credit attached to it. Scroll down to see the shelf company, shelf llc, shelf corporation or aged corporation list we have for sale. Does purchasing an aged shelf company increase my chances of getting credit. Sep 07, 2008 i received an email from b2b credit source selling shelf corporations to get a line of credit.
There are no tax advantages to buying a shelf corporation. Aged shelf corporation and aged companies information, how to use shelf. They have no assets, no liabilities, and no history, unless we note otherwise. He is pretty knowledgeable, but he is trying to sell his book. Atlantic financial services llc offer corporate lines of credit. Just to show you all out there i put together a 6 year old corporation that i actually used to obtain funds as an example. The corporation would still need to qualify for the credit, but having the appearance of being in business for a certain length of time may help the credit score. Today we provide an integrated platform of proprietary technology, brokerage, and investment advisory services to financial advisors.
To avoid these problems, please consider buying a clean shelf company without an ein, without a bank account and without existing credit. You will have full access to the credit line within 35 days after purchase. A shelf corporation is a terrible idea when building business credit. Aged corporations with credit lines for sale along with information on how to build aged corporation with trade lines for credit or business loans. Aged companies we have aged shelf companies in 25 states. Shelf corporations, or aged corporations, are companies that have been registered and then set aside to age.
All entities are in good standing through maintenance, reinstatement or the equivalent. Shelf corporations are ideal when action must be taken immediately, such as the transfer of key assets. Purchase an inexpensive shelf corp and get a big credit line. The shelf corporation is registered in the state of nevada. When transactions are recorded in the books of accounts as they occur.
You may be buying a shelf corporation with unseen debts and liabilities. Rok hardware heavy duty shelf pin spoon shaped cabinet support pegs holder metal nickel 50, 5mm mhmydz 4 pcs black steel heavy dutyl corner brace joint angle bracket shelf bracket wall hanging with screws 125mmx75mm5 inchx3 inch decorative corner brackets joint angle bracket. If you purchase a shelf corporation and use it to access business financing, like credit lines or loans, you might be guilty of committing fraud. The credit lines have no restrictions and can be use to purchase anything including real estate. You get so excited about obtaining the easy money they are offering that you pay a high price for the shelf corp and then find out that the cash lines of credit either dont exist yet and you need to apply and be approved for them good luck on that, or are not really cash lines of credit but rather a preapproval letter from a company. Companies incorporated has a list of prefiled shelf companies that you can acquire. That said, anyone who offers you 500k unsecured line of credit already attached, along with a personal guarantor is outright defrauding you. You will also see pictures of the actual project below. Aged shelf coorporation with line of credit already attached. Then build the business credit yourself within the next six months. Most all are companies we formed and put on the shelf. Jan 21, 2009 to gain access to investment capital or corporate credit. For our current business credit build out click link below most companies will not tell you the following because they want to sell you a useless aged corp it is now know that when you buy an aged corp with good credit accounts and a high paydex score that. We have yet to find a credible company providing such a service and we have found it impossible to replicate ourselves given the state of the current lending environment.
Jul 25, 2018 i wanted to apply for a car credit but didn. Get yourself an excellent credit rating in minutes for a fraction of the cost credit repair. The truth about shelf corporations pathway financial. Using aged shelf corporations and aged companies with credit. A shelf company is a corporation or llc that was formed and put on the shelf to be purchased at a later date. These corporation buying lists change without notice.
Here is a partial list of the aged shelf companies and corporations that we currently have for sale. Unless otherwise noted, these aged corporations were incorporated by us and put on the shelf. This is real estate funding assistance and not a cash credit. These companies were formed by corp 95 specifically for customers that need a company fast. Popular finance and credit books showing 2 of 32 you need a budget. By owning a preestablished corporate identity, help get lines of credit establish for working capital and others business opportunities. Many business credit vendors will require a corporate startdate at least two years ago and often three, making it difficult to obtain the tradelines. Open accounts with vendors that report to the business credit reporting agencies. Please beware of companies that offer your shelf corporations with bank accounts and credit lines. When you are connected to a representative you must make them aware that.
A shelf corporation, shelf company, or aged corporation is a company or corporation that has. Click here to see the difference between shelf companies and shell companies. The leader in aged shelf corporations and corporate credit. Currently has a list of prefiled shelf companies that you can acquire. Now what im about to do is show you all step by step. Typically, shelf corporations have never conducted business activities, have no debts or liabilities, and have no bank accounts. Shelf corporation information british columbia shelf. It takes time to acquire capital with a shelf corp and no personal guarantor is going to put his or her credit on the line for 6k if her or her could access 500k themselves. Looking for a new ssn number and a new ssn card so you can start a new credit file with your new ssn number. Please call monday through friday between the hours of 7. The idea is that a profitable company obtained all of this credit in the companies name and now they are. Aged corporations with credit lines for sale in all states.
All corps are clean and have no trade lines attached. A shelf corporation doesnt engage in any real business, but during the aging period some efforts may be undertaken to establish a credit history, file. Shelf corp secrets the book shelf corp secrets is meant to take you to the next. Alexandria buys a wholesale aged shelf corporation for her. The nature of shelf corporation is to be clean and purchasing a corporation with existing activities may put you in danger for unpaid taxes and other legal issues.
The proven system for breaking the paycheck to paycheck cycle, getting out of debt, and living the life you want hardcover. The most common pitch you will hear is that a company can sell you a shelf corporation that already has business credit attached to it. Your customers and your bank will not ever see the leather bound book. The truth behind credit privacy numbers cpns, shelf corps, and. My credit genius was founded with a pioneering vision. So far i cant seem to find a good source to buy a shelf corporation and i like the. I am a nonus based resident and i would like to purchase a shelf corp from the usa of two or three years old and then build credit for it.
Apr 24, 2009 shelf corporations shelf corporations used for fraud. The definition is a corporation, llc or similar legal entity filed on a prior date and put on the shelf to age. The amount of account receivable depends on the line of credit which the. Aged shelf corporation what to expect when you purchase an. Here is an actual example of how the aged corporation plus corporate credit builder program works and how two of our many clients used their newly acquired company to purchase real estate. Build multiple companies with high dollar credit lines credit mastery series volume 2. Shelf corp secrets1 registered agent united states postal service. Could you tell me a little bit more about your program. There is a lot more to obtain than just in line of credits.
Youll find out how your credit report can affect you. Shelf corporation news newspapers books scholar jstor. Aged shelf coorporation with line of credit already. I have a few questions regarding aged shelf corporations and credit building process. Credit ready corporations new cpn file 100% guaranteed. Aged shelf coorporation with line of credit already attachedplease. Home my credit genius was founded with a pioneering vision. If this was helpful please press the accept button. Will an aged shelf company guarantee corporate credit. Companies with existing eins often owe back taxes and other debts. If the credit bureaus learn about the company being under new management, they will list it on their reports, effectively reaging the company. So, now, you can acquire an existing, older organization rather than a freshly established one. This may apply in cases such as taxation and asset protection issues. We offer aged corps that can be utilized for building business credit and eventually obtain funding.
We guarantee these companies, in writing, to have no liabilities. You also wont require any personal credit or collateral to purchase. The shelf corp ebook includes a non stop list of corporate lenders that you. Seasoned corporations seasoned shelf corporations shelf. I know there are a lot of companies that offer these corps with the claim that you will be able to get credit in the future but what about this deal. I can purchase one of these shelf corporations with a multilayer history and a great credit rating that i can use to get a loan from a bank.
There are many benefits that shelf corporations can enjoy and it often makes sense for a small business owner to make the initial investment to overcome the following business credit problems. Youre better off with a clean shelf company with no ein, no bank account and no developed corporate credit. The shelf corporation makes business startup easier when needing to establish business credit. How do shelf corporations work and will they get you credit. Build corporate credit faq shelf corporations and shelf llc. If you are planning or considering purchasing a new or aged shelf corporation the cost will vary depending on the aged of the company, state, date the business started and services included. Transfer a 3 to 9 year aged corp get funding business credit by.
Let me break down the time line of acquiring corporate credit with shelf corp. I have found your website over the internet and i might have understood that you could help me out. An aged corporation is valued more by determining years in business since the incorporation date. Is it safe or a scam to buy a shelf corporation to get a line.
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