Can I receive instant credit by buying a shelf corporation that has established credit?
A “shelf corporation,” by definition, has not had any business transacted or stock issued. Basically, it should have been “sitting on the shelf”. There are some advantages to an Aged corporation for specific situations, but instant credit is not one of them. The lender would need to see the ability to repay the loan, assets that could be used as collateral, a proven record of ability to earn income, and other loan activity that has been paid on time. If you need “instant credit”, look into one of Incorp’s credit packages!
