Virtual Office for building business credit
Shelf Wyoming Corporation
Wyoming Registered Agents
Wyoming VS. Nevada Corporations
Secretary Of State
INC., 109 EAST 17TH, #25, CHEYENNE, WY 82001
Delaware LLC v. Wyoming LLC
WYOMING VIRTUAL OFFICE FOR BUILDING BUSINESS CREDIT?
FOLLOW THIS LINK FOR AN EXCELLENT SITE ON SHELF CORPORATIONS
In short, any virtual
functional at building business credit. Now that you have the answer,
let's understand why and how.
1. Regardless of who
owns the virtual office and how they run that virtual office, the office
center is considered high risk. In today's data drenched environment,
companies such as DNB and the banks consider all virtual office addresses
high risk. Why? Simply because there are so many businesses
using the same address. Even when private investigators are searching
for a person and come across a UPS Store address or other mail center at
a strip mall, those addresses are all flagged as high risk. Yes,
that's unfair. The address is legitimate and it's legal. How
does this happen? This appears to be an arbitrary decision by DNB and
many banks. But also, data companies willfully label these addresses
as high risk as well.
2.. Certain address may be associated with a high number
of loan defaults on credit cards, business loans and other related financial
activity. Once a certain address hits a certain number of loan
defaults, the address is then considered high risk. Then using that
address is high risk because you're running the risk of labeling your
business "high risk."
3. You likely don't live in Wyoming. The
State of Wyoming may be the best place to run your online business.
But it may not be the best place to operate if you want to build and seek
business credit. The banks prefer the company is operating out of the
same state where you live. Therefore, the company would then file to
do business out of state where your driver's license indicates that you
live. In such a case, Wyoming is great for an online business but not
so great in applying for business credit.
4. When it comes to applying for business credit,
the States of Delaware, Nevada and Wyoming produced a great deal of
companies that defaulted on loans from 2006 through 2010. Banks now
increase their loan examination of corporations and LLC's from Delaware,
Nevada and to some extent--Wyoming. So, if you're seeking to apply for
business credit, consider using a corporation from Montana or New Mexico
instead. Montana and New Mexico are not considered states that produce
a large number of shelf companies. Call 484.256.4563 or email
Assetprofile@gmail.com for a
list of available aged companies from Montana.
1. Wyoming virtual office is great if you have an
online business in Wyoming, or if you seek to do business from Wyoming.
2. Wyoming virtual office is not a good idea if
you're seeking to build business credit. (You're actually better off
with a Montana corporation filed to do business in your state.)
3. Virtual offices everywhere are flagged due to
the large number of businesses that use those address to receive mail, and
due to loan defaults as they are associated with certain addresses.
This means that the scope of virtual office out of
Wyoming is best for businesses that are online and don't involve the
application for business credit.
What is the
purpose of a shelf corporation?
Purpose #1: The shelf corporation is used to assume a business history. INFO >
Corporation Purpose #2: The shelf corporation eases the start-up of a
business when needing to establish business credit. Certain companies are
known to lease to small businesses that are at least six months old.
Establishing corporate credit is easier with local suppliers. In that
sense, buying a shelf corporation with at least six months of age is of
Only buy an
aged shelf corporation, or "aged corporation", when there's a real benefit
from using such an entity.
A: Wanda seeks to open a gift shop. An aged corporation may only help
her in terms of dealing with new suppliers. Customers don't really care
whether they buy a gift from a store that has no business history. A
retail operation that deals in jewelry, electronics, or other specialty
item may be different; however, because follow-up is important. The
customer may feel that an business that with a history is more stable
than one without. This may make or break sales.
B: Mike is starting an internet-based consulting firm catering to small
businesses. His clients will ask him how long he's been in business.
Even though his business may be new, buying a two year old corporation
may help him build instant credibility. On the contrary, Mike's many
years of experience may speak volumes for him instead of relying on an
yourself whether the age of the corporation is important to your clients or
your creditors. If so, buying an aged corporation may be of benefit.
Ultimately, how you sell yourself and your products/services will clinch the
deal, regardless of whether you buy an aged corporation.
Purpose #3: Shelf
corporations are ideal when action must be taken immediately. INFO >
Purpose #4: There are promoters of shelf corporations that advocate the
use of aged shelf corporation for the repair of credit, or an alternative
form of credit for those who are credit challenged. INFO
Corporation Purpose #5: A
contract was entered into in the name of a corporation to be formed and an
unforeseen liability has surfaced. INFO >
CALL 307.237.2580 FOR A
CONSULTATION ON SHELF CORPORATIONS
IN WYOMING AND NEVADA