You can borrow against the business name AFTER the business has established good credit. You will find this will take 2 to 3 years. Not to say it can't happen, just business lending has hoops you need to jump through just like personal credit.
There are places that sell what they call canned corporations or shelf corporations. They usually have a DUNS number which is necessary for the building of business credit. I have not looked into where to find them and I may be wrong but I do not think they are cheep. I think they are priced at years in business and amount of credit established. Hope this helps.
Offline
You can borrow against the business name AFTER the business has established good credit. You will find this will take 2 to 3 years. Not to say it can't happen, just business lending has hoops you need to jump through just like personal credit.
I can purchase that already has established credit?
If so, where?
Thanks for your help
There are places that sell what they call canned corporations or shelf corporations. They usually have a DUNS number which is necessary for the building of business credit. I have not looked into where to find them and I may be wrong but I do not think they are cheep. I think they are priced at years in business and amount of credit established. Hope this helps.
I greatly appreciate your help