ThinknIsntKnowin

Sorry I meant to type up to $10K. Since I would have to pay cash for the next car I get without having the business credit 10K is not so bad. The shelf companies from Companies Inc. say they have some trade lines and tax returns for each year. I do not know if they are as good as they say or not. I read on here somewhere about someone buying a dissolved company and getting it back in good standing by paying back state fees and back taxes. Again im not looking for a quick fix but I do need a guaranteed plan

I do not have a DUNS # or anything set up right now. I do not have any vendors at all right now. I paid cash for the items I have now and the cars are on my personal credit. I do have to spend 7,500 setting up the office I could use that money for establishing credit. And I am willing to spend 10,000 on a shelf company or obtaining the dissolved company but only if it allows me to get the cars I need without the huge down payments

I would like to get atleast 1 within 6 months. I am an Inc. The thing of it is, I must have the cars next year we are losing a few orders now but it is not a major cash flow loss but we can not continue to grow if we eventually do not get more cars so I do not mind spending money getting an aged corporation if that will help me getting the Cadillacs since they are harder to obtain. I do not have any business credit right now. I have not needed much outside of the cars but now that we have moved I do need alot of things I just need to start of in the right direction. I have looked into having my personal credit repaired and talked to a few people but everyone I talked to made it seem like they were doing something so top secret I didnt trust them. So I havent done anything with it. I will start reading on the personal credit forum tonight. But I am out of friends that will finance a vehicle for me and I can not afford to put 50% down again so I have to do something

Thank you for responding, I am trying to lease Cadillac's. I have late charge off & collections and an eviction from 2001 the last late payment/collection account was atleast 5 years ago. I do not have an immediate need for the cars it would be great to gradually obtain them over the next year

Hello everyone, I have tried to read as much as I could on the boards so I don't add to the repetitive questions but after 3 months and hundreds of post later I am still un certain. I have a limousine company that I started on 02/09 and I need more cars. I have financed 4 under my personal credit (personal credit is not great I had to put alot down, last car was 50%) and I had a friend finance 1 for me. I need 5 more cars. Idea #1: Buy a 17 year Company that was Involuntarily Dissolved 12 Years ago. Pay the fees and back taxes. Idea #2: Buy a shelf company from Companies, Inc. With either option I am thinking I have to build some sort of Business Credit first. Since cars are large ticket items would opening up $100.00 starter lines of credit help or should I try to find a larger secured line of credit? I just moved into a larger office and I need to spend about $7,500 in computers, supplies, etc. if I could use that money to help establish credit that would be great. Thank everyone for any advice!

I want to buy a company that has been disolved for 8 years, I have searched for the registered agent but havenot been able to locate him. Is there anything I can do to obtain this company?