Shelf Corporations

WHAT ARE THE ADVANTAGES OF AN AGED SHELF COMPANY?

· Project stability.

· Create an image of permanence in the marketplace.

· Access higher amounts of business credit.

· Access bidding opportunities.

· Even the playing field with established competitors.

· Start with a solid footing.

· Landlords prefer to lease to older businesses.

· Overcome sales objections based on the age of the company.

· Don’t be caught at a disadvantage in starting a business with a new company.

WHAT COMPANY IS BEST FOR BUILDING BUSINESS CREDIT?

New Mexico LLCs are best for building business credit. This is because you appear as the first and original owner of the company. Other states require registration of the original owner, which backfires when you take over the company. That shift of ownership underlines the shift from the previous owner to the new owner. With NM, the LLC owners weren't declared. This means you'll be viewed as the original owner after we post your name on the public record as the original Manager of the company. This is what lenders want to see

WHAT IF YOU DON'T LIKE THE NAMES OF THE COMPANIES?

Don't change the name of the company. A lender may see that as a restart of company operations.
If you have a certain name in mind, then file a Doing-Business-As (DBA). The continuity and age of the company is well regarded. A DBA allows you to operate the company under the name you like without compromising the respected age of the company.

WHAT’S INCLUDED IN YOUR SHELF COMPANY ORDER

· A clean unused company, in good standing, and never dissolved.

· No EIN. That’s good. This means the company is clean of debt and liabilities.

· Filed Articles of Incorporation/Organization

· Certificates of good standing

· Registered agent service until the next year

· Operating agreement/bylaws

· Company resolutions.

· Update the name and address.