Having researched numerous companies that make a lot of outrageous claims, I believe the best one to be, Corporate Credit Concepts. Having personally dealt with them in building corporate credit in several businesses. They have always been very responsive and were able to answer all my questions. They are based in Las Vegas, NV. Nevada is one of the top states to incorporate in and has no state income tax.
Corporate Credit Concepts offers a host of services such as Business Credit Building with no personal guarantee, Credit Restoration, Business Consulting and everything you need to grow your business. They also offer a complimentary video and ebook titled: “Unlimited Business Financing With No Personal Guarantee” This is a valuable resource and it’s free.
So if you are serious about building corporate credit I urge you to click on the link above and claim your ebook and video now!
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I’ve found websites that sell seasoned shelf corporations, some also with seasoned credit. What does that exactly mean? Are their already lines of credit established? It seems to me that, upon purchasing the LLC, the lenders would still want to look into the reputation of the seller, etc. In other words, is this too good to be true? I have a good rep. but something to me doesn’t fully add up.
There is no free lunch! We are in the business of forming and selling custom LLCs and creating shelf companies.
When someone wants to sell a shelf company with credit, you will have to check with Dun and Bradstreet for its PAYDEX score. This will tell you its rating. (100 is perfect).
Price is usually commensurate with the ability to obtain credit.
You would also have to check with the lenders who were offering the credit to see if it is still available.
All in all it is a risky business. You can see more detail at www.corp95.com
David
i am looking to buy a shelf corporation with very little upfront money i have a small home base business that doing fine but could do better if i was able to obtain credit from droppershippers but need to have LLC for atleast 2 years and good credit i work full time and dont have bad credit just unestablish credit
Your best bet is to read up on http://www.creditboards.com they have all the info you need to build your business credit.
Purchases can only be used for real estate purchases such as,investment properties,new construction,rehab,condos etc.
Why would I pay anybody anything for the ability to borrow???
Pay 50k so I have the RIGHT to borrow $1mm????
Sounds really silly.
I can fill out a mortgage app or loan app FOR FREE and obtain the right to borrow money.
Does this 50k sound like a good deal to you or something???? I believe you are not really thinking straight on this!
It’s my understanding that "Corporate" credit cards are secured by the business, while "Business" credit cards are also secured by the underlying owners. My business is well established, has 4 yrs of tax records and has been profitable every year. How do I get a Corporate card that will accept my $1MM annual revenue? If I recall correctly, AMEX will not allow me to get their Corporate card until we have revenues exceeding $2MM. Any suggestions on getting a credit card secured solely by my business would be welcome. Thanks.
Check my profile under credit. There are all the cards and descriptions there that you need. Dealing direct with the provider is your added advantage. I got my card from there and its international. Great when it comes to the exchange rate.
My company is relatively new and I need to get company phones, a vehicle, etc. Strictly for use by the company and employees.
Usually you will get offers in the mail a few months after you get a Federal ID #. Try your bank, they may have a card. Try Advanta.
Does anyone know if corporate credit cards report on personal credit. I have a corporation and I’m building corporate credit and would like to know af any cards that report on my personal credit profile.
You have to check your card agreement to see if you have joint and severable liability for the card personally, if so, it is normally part of your credit history. American Express has some products like this.
To remove the hold on my account at Treasury direct, I have been asked to have my identity certified by a authorized employees of insured depository institutions and corporate central credit unions.
What are these? Are these regular FDIC insured bank.
Insured depository institutions refers to financial institutions (banks, credit unions, etc.) that accept deposits and have federal insurance (FDIC, NCUA, etc.). I think it means you need to have someone from your financial institution confirm your identity. The best thing to do is call your financial institution and ask them about it. Most likely, they will have seen this type of request before and will know what to do.
Corporate Credit Unions are basically credit unions for credit unions. Corporates do not have natural person (i.e. regular people like you and me) as members. Instead, the members of corporate credit unions are credit unions. I don’t know if they can help verify your identity.
Here is a link to a website that has more information about corporate credit unions:
http://www.theaccu.org/start.html
Good luck!
I started a new business 5 mos. ago. I have applied for a couple credit cards but i keep getting turned down.
am i supposed to provide my SSN to all creditors.
All lenders would require your social security, even for business credit. It sounds like you may have withheld that information on the business credit card apps??
Complete truth on your applications is a must. If they smell that something isn’t right, you’re not going to get any credit. Also make sure your business address and information is legitimate because they verify that as well.
I got to build a good credit profile for a corporation and will like to know if it is work to hire a company that helps with the whole process
i would get some inside info from an outsider for help
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