Tuesday, January 4, 2011

Attract Venture Capital with Aged Shelf Corporations

Starting a new business venture carries with it a basic irony. If you want to get some credit, you need to have some credit. And a credit is only among several other things you are lacking to build corporate credit. But there is a solution to this problem. Running your business through a shelf corporation can solve your credit problem. It can also turn the attention of many investors toward your company to help increase your cash flow.

With shelf companies, all the work is already done. Once you purchase the company, the rights are transferred to your business. You also gain a major advantage when bidding on contracts. In some states, you are not allowed to bid on contracts unless the company has been in existence for a specific length of time or at least 2 or more years. Opting for a shelf corporation fulfills this requirement.

Easier to acquire venture capital using an established shelf corporation

  • Easier Access to Credit: Customers are not the only ones who trust aged corporations more, but lenders as well. Many lenders only lend to companies that are at least two years old. Because of its long standing history, it increases your chance of getting the credit you need to expand your business.
  • Obtain Venture Capital: Investors favor companies that have been in operations for many years.
  • Benefits of Aged Shelf Corporations

    In case you’re still undecided, here are the major benefits of purchasing an aged corporation:

    Save time. You will not need to go through the process of creating the corporation yourself. This will save you a lot of time and you can start managing your business right away.

  • Immediate availability: No need to wait for government filing. A shelf company is ready to go!
  • Credibility to customers: A shelf company is an aged company so your customers are assured that you’ve been in business for a time, thus, increasing your credibility and years of experience.
  • Increased opportunities to bid on government contracts: Most state and federal contracts only consider businesses that are at least two years old.
  • Taking the road towards a shelf corporation should still be treated with caution. Make sure that you only purchase a shelf corporation that has a clean customer record. There should be no filed complaints against its name as you don’t want to start managing a company that has lawsuits and negative feedback. This will not be an issue if it is a legitimate shelf corporation that has never been used and only “shelved” since its birth.

    Research and consider the prices of shelf corporations. A shelf corporation does not necessarily offer tax shelters and benefits so make sure that you only purchase a legitimate, reasonably-priced one.

    Contact Us

    Here at Aged Shelf Corporations we specialize in offering affordable solutions for your business needs. Contact us and speak with one of our experienced business consultants for more information and answers to your questions at 877-774-7670. Shelf companies offer a better way to achieve your business goals.