The reason why people prefer to get started in business with an existing shelf corporation is because it is much easier to get the cash funding and get going with a brand name that has been around for a while now. Apart from that, there is no other logical reason why someone should take up a company that has just been on the shelf, because even if it has $500,000 in corporate credit then once you transfer it to your name, then all the credit that has been built gets erased.
However, with Powerful Credit's new plan ? Powerful Credit Builder, you don't need a shelf corporation any more. You can get small business funding of up to $360,000 on the name of your own company, and that too without any personal guarantees or collateral security!
, ever since its inception, has been launching financial products that have been revolutionizing the way corporate credit is disbursed in America. Powerful Credit Builder is no different. It promises to virtually eliminate the need for a shelf corporation, by giving small business owners a better alternative.
If you are looking for small business funding, all you need is a business model on which you have faith.
The funding happens in four phases.
Phase 1 ? Store credit from major stores like Wal-Mart and JC Penney for up to $20,000. This ensures that your business gets off the ground, and you can set up your office, stock it with the necessary products and have a launch. This round of funding can happen in as less as a couple of weeks from start off point.
Phase 2 ? Here is where the small business funding actually begins, and you get up to $60,000 in the second round. The usual time frame for that is about 6 months from launch date, as you will be looking for expansion by then.
Phase 3 ? This round usually happens in about ten months from launch date, and Powerful Credit Builder gets you up to $80,000 in this phase.
Phase 4 ? The final phase of funding. Usually happens a year from launch date and that is when the critical momentum is reached. The funding amount is up to $200,000 and then you are ready to take off big time.
Powerful Credit Builder is designed for businesses that are self owned and self run in the beginning. If you are looking for a bigger line of corporate credit, you can look up the Powerful Credit Lambo builder, which includes funding for a Lamborghini car as well! The total funding in this plan goes up to $600,000.