What Are Credit Ready Packages?



Shelf Corporations are rightfully registered entities that are dormant and have no trading history. The only distinctive feature between a conventional shelf company and a newly established corporation is age. However, it is possible to purchase an off the shelf corporation with additional features besides age. These advanced features qualify the aged corporation for funding instantly. They include attributes like seasoned credit profiles among others available only to companies that have a legitimate operating history.
Credit Ready Packages are seasoned shelf corporations that come with all the additional features lenders look into while processing a loan application. Although they are fresh off the shelf, these aged companies are eligible for funding immediately when they are purchased, unlike shelf corporations with no trading history.
What additional features do credit ready entities have?
If you are looking to establish credibility with clients and suppliers only, a traditional shelf company can do the trick. Advertising your years of existence alongside your products or services to your prospective associates will easily earn you the clout you are looking for. However, if your goal is to use your newly acquired shelf corporation to access corporate credit and financing, you’ll need more than a mention of your "years in business."
Lenders look beyond the longevity of a business in their due diligence before approving or turning down a funding application. They’ll analyze the company’s tax records, Paydex Score as assigned by Dun & Bradstreet, and its annual financial report. These data can either back you up or ruin your chances of getting funded. Usually, traditional Shelf Corporations cannot provide these numerical facts for analysis, but credit ready packages can do.
Vendors offer a variety of Credit Ready Packages depending on the client’s budget. The varying packages come with some or all the features below;
  • DUNS Number (Dun & Bradstreet No)
  • IRS Company Registration ( Tax ID)
  • 1st Annual Financial Report
  • 411 Directory Listing
  • Super Pages Listing
  • Yellow Listing
  • Search Engine Listing (Google, Bing, & Yahoo)
Other optional features include a Merchant account setup and a website setup (domain name and E-mail system) among others. You’ll get everything you need to prove the legitimacy of your shelf corporation. As you would expect, credit ready packages come at an extra cost owing to the value they bring to the table. It would naturally take your company a lot of time to create a convincing credit profile to be considered for funding, but in this case, you are getting all this value upon purchase.