The shelf corp should be at least two – five years old or more. It is important to have the Shelf Corp configured with the following items before using a credit builder package at Dun & Bradstreet. They will verify the status of the company, officers, 411 listing, and Duns number, and business address. You may be red flagged if an item is not completed.
Most lenders use Dun & Bradstreet to verify business credit scores. In order to achieve an 80 business Paydex score, you will need a Self Monitor Package, a D&B Creator and Trade Reference Packages. You can also use a professional business credit building service.
They will also ask you a list of various questions related to your business. This is an important step where most people make costly mistakes. We can help you speed up the process to establish corporate credit along with your shelf corp. We can also work with you to fill out and file all the necessary paperwork.
Dun & Bradstreet will call to verify your three net 15 or net 30 trade lines. Your plan is to get an 80 Paydex score (which is equivalent to a 750 credit score) in 45 days or less.
Some lenders will review the Dun & Bradstreet report and see an 80 Paydex score and your business can be approved. Some other lenders will need to see trade lines more in line with the amount of your loan request. Contact us for our approved lenders list. The risk of being red flagged is reduced once you have had an 80 Paydex for a longer period of time.
Contact us for a free consultation about Shelf Companies and or to establish business credit. Call (702) 485-7532 or visit our website @ www.businesscreditsuccess.biz.
About Business Credit Success:
Business Credit Success Inc. is an internationally recognized team of financial specialists that arranges short-term and long-term equity solutions for small businesses, large commercial projects, private investments and many other financial ventures. With extensive experience in securing investments for a variety of specialized purposes, they offer a comprehensive, highly effective strategy for navigating the financial industry. Business Credit Success Inc. have well structured strategic alliances with a global network of businesses, private and institutional investors, top world banks, private lenders, attorneys as well as other resources.
Visit www.businesscreditsuccess.biz for more information.
John Maxwell (CEO)