Does anyone have any information on how to find and purchase a shelf corp. with an attached line of credit?

I am trying to find out where and how to purchase a shelf corporation that already has an attached line of credit. I would actually like to purchase 2 shelf corps, one with a LOC of 100K and one with a LOC of 1M or greater. Will someone please direct me to a legitimate source for shelf corps?
In General Area - Asked by mark a. - Feb 9, 2009
Report Abuse
Answer this Question

Answer(s)

Mark K.
Calgary, AB

Hi Mark, i have been looking for the same thing. I have found a few that look reasonable. I have a phone meeting with one tomorrow. I am a little skeptical, but if it can work out that would be great. The cost is pretty high as well. i was quoted for a new corporation it would take them 3 months to get me $100K and cost me $25,000. I'll know more tomorrow.
You can email me at mark@mdkconsulting.ca and we'll keep in touch. Let me know if you find anything and I'll let you know about what I find out.
Mark Kaltenbach

Feb 9, 2009
Report Abuse
Joe V.
Owner/Investor
Plymouth, MI

The key is to find ones that offer a money back guarantee. Try www.thepowerofrealestatenow.com for links to exactly what you are looking for. I did it through this site and the program is excellent.

Feb 13, 2009
Report Abuse
Ty C.
Owner/Investor
Hamilton, MT

I just had a conversation with a company that offers a service that you are looking I have not tried them cause I can't afford the upfront, but out of all the companies that I have talked to and trust me I have talked to a ton, they seem to have the answers and referances.
The corporations come with a paydex 80 score as well as an experian intelliscore. The corporation will be free of any liens or taxes and be in full compliance. We will transfer everything into the buyer name upon purchase and appoint you as new CEO . You will be added as authorized user of the corporation's lines of credit and have access to your funds within 3 to 4 weeks. The fee for the setup is $24,000 plus 10% of funding is due on the back end.
Never have to PG. We have provided the CFO.
The attached lines of credit total $1.3m+ revolving. Each line comes with one credit card and several checks for ease of use. Corporations and lines for smaller ventures are also available. We have a corporation with lines of credit in the amount of $875,000 for a $16,000 setup fee and 10% upon receipt.
We currently have one corporation with $435,000 in funding available as well. References available upon request.
I would really like to see the program work

Feb 14, 2009
Report Abuse
Nick N.
Owner/Investor
Cincinnati, OH

Hello Ty,
What info do you have on this company?
Thanks

Feb 17, 2009
Report Abuse
frank b.
Owner/Investor
Brooklyn, NY

hey ty
can you post the web site

Mar 11, 2009
Report Abuse
William B.
Corporate Investor
Orlando, FL

TY C. how do we contact you and or the company?
southeastpartners@gmail.com

Jun 18, 2009
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question