Archive | May, 2010

How old do you have to be to start a corporation?

I’m 14, and am interested in starting an energy corporation consisting of LLC subsidiaries. It would be formed as soon as possible, preferably when am 16 – 18. This company would have to be a C-corporation. I was planning on forming it in the State of Nevada, but their age limit is 18. I s [...]

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Has anyone had any success in getting a business line of credit after purchasing a shelf corp?

I have heard this is the new thing and the way to go to help businesses get started. By purchasing a shelf corp but I have yet to find anyone who has actually closed the deal plmk if you guys have any further information or help I think you mean "shell corp" not "shelf corp"–as [...]

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I have an open line of credit for my business. Where do I record the balance in quickbooks?

I made a deposit from the line of credit to the business bank account to purchase fixed assets.In what account do I post transactions to the credit line and the interest? Take a look at this discussion in the QuickBooks Community Forums… http://www.quickbooksgroup.com/webx/forums/Banking/338/0

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What do your credit score have to be to get approved for a business line of credit.?

The bank informed me that you have to wait 6 months to re apply for a line of credit if you are denied. So I would like to know what range do my credit score have to be in order to get approved. Thank You Try Prosper.com. People lending to people. It would be a [...]

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Can someone recommend where I can get a business unsecured line of credit?

I need to learn where and how to get a business unsecured line of credit. it’s called a credit card. Until your business grows, YOUR credit is the same as the businesses.

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Startup Business Loan or Line of Credit?

I need a BUsiness line of credit or Loan for @ $40K … Its a new Business no Business Credit History and My credit is @ 670 . where can I get this and I also have 20% for down if needed Revolving lines of credit are extremely important to a small business. The SBA [...]

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we started a trucking co. 3 mths ago. where is the best place to get a business line of credit?

we have used personal money until now. we had to relace the engine 3 weeks ago—now we would like a credit line to work off. any ideas? Talk to the banker where you do your business checking; however due to the short time in bus., your best bet is getting as many unsecured business credit [...]

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How do I build a large credit line on a tax ID without personal gurantee?

Im trying to build a large business credit line without personal gurantee on a Tax Id on a nevada corpation i set up. Whats the fastest way to establish large credit line using D&B, Expierian Business and Business Client check to get the lines i need to do business without gurantee (Personal). Without buying trade [...]

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How come "business account" credit cards don’t help your credit?

I have a business credit card with a high credit limit, but this account does not show up on credit reports from all three crediting agencies. I asked the card issuer why this is, and they tell me that it will only show up if i have negative history (late payments, bankruptcy) but it does [...]

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How to make my final art piece less literal?

My prof keeps lecturing me in how my art work is apparently too literal. For my final project, I’m wanting to do a sculpture of a child, dressed practically as a hooker. Basically talking about how corporations target young girls. Like barbie or bratz. You see too many kids behaving and dressing inapporiatly for their [...]

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