benefit of having a shelf corporation
So, purchasing companies with established credit and existing credit lines can give the business a big financial boost. Here are the Top 5 Advantages of Buying a Shelf Corporation: 1. Saving time and expense of forming a brand new corporation. 2.Instant access to contract and government contract bidding.here are bank ratings, credit history, NSF history, and other factors to consider especially if you request more than a $50k line of credit. So if your interest is in applying for bank financing keep in mind shelf corporations have no business history, tax returns, financials and existing revenue.