Forums: Discussions for entrepreneurs and small business.

Hi i just bought a shelf corp with 80 paydex score from this company Business Plan America.Does anyone know what i should do next?

You didn't have plans for the shelf corp when you brought it?

Actually i check my report with D&B my profile is find with 80 paydex, i got approved for a few credit card under my business name, but i need a line of credit for $250,000 how do i do that?

It is called a viable business plan and collateral. No sane lender is going to give you a quarter million dollars just because you have an 80 Paydex.

where did you apply for the credit cards. did you use you ssn #

Sandra4,

I am not aware of any situation whereby one can acquire $250,000 in loans based solely on the Paydex score of a shelf' corporation. generally lenders want to see some operating results.

However, there are a number of ways to bring capital into a business.

If you'd like to discuss your situation, in confidence, feel free to send me a Pm or contact me directly.