Shelf Corporations with Credit

A Paydex-Score is a business’ proprietary score assigned by Dun & Bradstreet intended to highlight a business’ creditworthiness. It is technically, a business’ credit score scaled numerically from 0 to 100. The Paydex Score is similar to an individual’s credit score except that the latter ranges between 300 and 850.    Understanding the Paydex Score Scale   On a scale of 0 to 100, Dun & Bradstreet rates the likelihood that a business will repay its debts to suppliers and other creditors on time. High figures on the scale represent a greater propensity to repay the debt on time or sooner than the scheduled repayment period, while a lower amount represents the higher risk group.  Dun & Bradstreet is among the major credit reporting agencies, alongside Equifax and Experian. The bureau also reports companies’ credit cards report, delinquency predator scores, credit limits recommendations, failure scores, etc. The ratings are based on payment recor...

  In a business world where established longevity and convincing operating history inform the credibility of a business, purchasing an Aged Shelf Corporation  continues to be an easy option for many entrepreneurs. The value of rich business history can never be overstated especially when it directly affects the level of confidence potential associates such as clients, suppliers, and lenders place in a business.    Here are 4 things you probably didn’t know about aged shelf corporations;   They Are Very Legal    Historically, shelf corporations were created to be sold off to individuals that wanted to start a company without going through the effort of incorporating one. This remains one of the major reasons for purchasing aged corporations together with a host of other benefits that include obtaining an established business history, and perhaps a solid credit rating. Shelf corporations are created for legitimate purposes and...