The Americredit Corporation
Shelf Corporations and Age Corporations
Shelf Corporations also known as Aged Corporations (or Aged Company when referring to an LLC ) are the new ways to gain instant credibility and history for new businesses that are about to be established.
A Shelf Corporation/Aged Corporation is a created entity that has not conducted business. It is a corporation already formed but not in use and is ready to be purchased by a new owner.
Why use a Shelf Corporation:
Buying a Shelf Corporation enables new owners to establish credit , rental agreements, and immediate availability without having to go through the entire process of waiting., whereas starting a new corporation from scratch can take up to weeks of even months.
The more years the corporation has been in existence the better the company will be taken seriously by lenders. Lenders are more inclined to offer credit to an older/established corporation than to one that is relatively new. It looks more attractive to potential investors and investment capital. Manufacturers and wholesalers are more willing to offer financing terms.
Having a Shelf Corporation can have the ability to bid on government contracts easier since most state require a company to be in business for at least 2 years or more. This can be achieved only if you go ahead and invest in a good Shelf Corporation. A good D & B profile is also required for any government contracts, proposal, or bids.
Given the financial situation in United States and the people around the world today , starting a business now would be the best time. Buying a good Shelf/Aged Corporation would be the best investment in these trying times. |
