WHAT Are AGED CORPORATIONs / AGED SHELF CORPORATION?
WHY USE AN AGED CORPORATION / AGED SHELF CORPORATION?
Aged corporations enabled you to established relationships as an older company, to compete with competitors immediately, and to establish a foundation quickly. Banking relationships, agreements, Dun & Bradstreet and rating systems are all factors to take into consideration whether an aged corporation is an appropriate fit to your business situation.
The age of the company greatly influences sales and marketing, which impacts bank deposits, and lending.
WHAT ARE THE ADVANTAGES OF USING AN AGED CORPORATION / AGED SHELF CORPORATION?
An aged corporation will enable you to establish an immediate history and obtain a running start on the corporate image. You’ll be able to bid on state contracts, obtain lines of credit easier and obtain loans from the Small Business Administration. The accelerated marketing plan and boosted deposits greatly impact your access to loans and to meet requirements related to the SBA products and services.
Bank deposits and lending are strongly linked. Those deposits are dependent upon your ability to overcome objections. The age of the company has a substantial impact on establishing rapport, obtaining deposits from customers and establishing credibility.
There are companies who will only lease to corporations who have existed for at least 6 months. Why be delayed? Consider using an aged corporation to promote your corporate image and make it part of your business plan.
Many aged shelf companies are simply used to boost marketing efforts. Customers prefer to do business with a company that’s been around for years. Banks prefer to loan money to businesses that are at least several years old. Bidding opportunities are available for businesses that are two or three years old. These are several advantages to obtaining an aged shelf corporation or aged shelf LLC.
In short, these are the advantages of an aged shelf corporation:
SHOULD THERE BE ANY BUSINESS ACTIVITY FOR THE AGED CORPORATION / AGED SHELF CORPORATION?
WHAT ABOUT AN AGED SHELF CORPORATION WITH AN EIN OR SIGNER ON THE BANK ACCOUNT?
We don't offer nominee EIN's.
What about the nominee bank accounts?
Should I obtain an aged EIN with my aged shelf corporation?
When the company you acquire already has an EIN, you must file for a new EIN after you buy the company. We suggest you visit IRS.gov for instructions on how to apply for the EIN, and the rules on the EIN.
SHOULD I WORRY ABOUT POSSIBLE LIABILITIES OF AN AGED CORPORATION?
Yes! Always be concerned if the person selling the aged corporation has engaged in any transactions that may produce some type of future liability for the corporation or its stockholders. Only buy from reputable providers who are in the business of selling aged corporations / aged shelf corporations. In addition, you should obtain a statement of indemnification which makes the seller responsible for any liabilities that he didn’t make clear, in case business was actually transacted with the aged shelf corporation. Check our sponsors and links here.