Archive | August, 2009

Can you get a business credit line with a DBA?

Can you get a business credit line with a DBA, but without using your own person credit? No. When you apply for credit for your company, your personal credit will be taken into account.

Read more

Are banks giving business lines of credit?

We are in need of $25,000 – $30,000 for working capitol for our 14 year old business. Are banks doing business lines of credit? I still get mailed solicitations from Wells Fargo for a business line of credit about every other month. My credit union has told me they would be happy to extend one [...]

Read more

What banks are real estate friendly when it comes to business lines of credit?

I’m looking to open a business line of credit and was wondering which banks I should target. I live in South Eastern Michigan. Washington Mutual

Read more

Aged Shelf Corporations?

I have researched a great deal about buying aged shelf corporation, and finally did it about three months ago…. I bought my company from GoIncNow.com (www.GoIncNow.com). They have done amazing things for me!? I got a 4 year old NV corporation, and a business plan ALL for $10K. They helped me with funding, and I [...]

Read more

is a business line of credit based on your personal credit?

Ive incorporated my nonprofit and the credit card options are starting to pour in. My concern is that my personal credit will negativly effect my business credit if I apply. Any info would be great. Yes,any financial institution that would extend a business line of credit,relies on the applicant credit background,since this gives an idea [...]

Read more

i’m looking to purchase an aged shelf corporation and dont want to get ripped off, any suggestions?

I do not know any reason to prefer an aged shelf corporation above a non-aged shelf corporation (and in most situations a newly incorporated one would do just fine), maybe for government-contracts it might be helpful but otherwise I don’t think they give a substantial benefit.

Read more

Building Corporate Credit

Can you really build corporate credit with no personal guarantee? Yes, but it is sort of like building muscle you start out small and must keep working at it to build it bigger and bigger. Just as in becoming Mr Olympia you don’t start at the top it’s a lot of hard hours in the [...]

Read more

Aged Corporation with $1 Million Credit

Can you really buy an aged corporation or shelf corporation with $1 Million in existing credit as you see advertised? If it exists I have never seen it. I have seen a lot of claims and people wanting huge fees upfront to get you one. The more investigation done into this area seems to back [...]

Read more

how can one make business credit card credit line explode?

how can one make credit line for business credit card go through the roof? I just saw a commercial for the American Express Business card. They call it a CHARGE CARD. Absolutely NO credit limit whatsoever. Give them a call. They will give you 30 days to pay the balance in full, but there is [...]

Read more

Buy Aged Corporations With Credit

We must already know shelf corporation/Aged corporation is a corporation that already exist but it’s not in use and is on the market and ready for purchase. There are many concrete reasons why people prefer buying of shelf corporations or ready made corporations, one of them is that they cost less than the normal price. [...]

Read more