Corporate Credit Secrets
Mailing Address vs Street Address
A mailing address is where the majority of business mail should go. A street address is often used as another name for a physical address, meaning the address where the business is located.
How to Submit $100K in Corporate Credit Proof
Section 8 only helps businesses doing considerable sales OR that have secured enough credit via high scores. That is why we require a $100,000 credit goal be met before unlocking these final few secrets. Please send an email to ...
An Old Company That Dissolved Years Ago Is Receiving Credit Cards - Will These Still Work
No. An old company may inadvertently receive credit card offers; however, these cards will result in a PERSONAL GUARANTEE due to the fact that the business is no longer around.
Corporate Credit Secrets Membership Page Preview
Corporate Credit in the UK, CA, AU, NZ
The steps to Corporate Credit Secrets are all the same for the United Kingdom, Canada, Australia and New Zealand. The UK, CA and AU still use the 3 primary business credit bureaus (D&B, Experian, Equifax) for reporting. The country's banks are still ...
Are There Recommended Attorneys for Corporate Credit & Bankruptcy
Yes, we have a few attorneys who are specialized in corporate credit legality issues and bankruptcy: United Kingdom: https://lewisnedas.co.uk/ Canada: https://www.mjonions.com/ Australia: https://www.shine.com.au/ New ...
The Business is Registered in XYZ State - Will Moving to Different State Make It a Foreign LLC
Yes, the business will be considered a foreign entity if it was first registered in one state and later ALSO registered in another state. One can either: 1) Register as a foreign LLC in the new state OR 2) 'Start fresh' and register the LLC in the ...
Is Buying an Aged LLC Like Buying a Shelf Corporation
Yes, buying an aged LLC is like buying a shelf corporation and it is not recommended.
Which Corporate Entity Is Right for The Situation?
The following is a brief explanation of considerations to be made in the forming of an LLC, S-Corp or C-Corp. LLC *Suggested for business owners making under $100k annually *It can be thought of as a combination between a partnership and a ...
Can a Canadian Business Owner Set Up an LLC in The USA
Yes, but since LLCs do not exist in Canada, the Canada Revenue Agency (CRA) treats American LLCs as corporations, which can lead to unexpected taxation issues. For example, the CRA allows a foreign tax credit for U.S. taxes paid by a U.S. LLC of 15% ...
How Much Does Corporate Credit Cost To Complete
Outside the initial cost of the program, one will most likely need to register an LLC ($70), website ($10), hosting ($50), creating a logo ($5), business letterhead ($5), a business phone number ($10) and potentially a business address ($50 / mo.) if ...
Can One Re-Activate an Old & Inactive Entity To Have More Years in Business
Any entity which has entered an INACTIVE status according to the Secretary of State's registration database will simply have an age of when it was re-established (i.e. this year).
Additional Costs to Complete Corporate Credit
There are only a few additional costs outside the purchase price of the program itself. Those costs involve registering and setting up a registered entity with the Secretary of State. If this is already complete, subtract the amounts that no longer ...
Are Shelf Corporations Legitimate
Shelf corporations are formed for the purpose of being sold off. Unfortunately, shelf corporations that build great credit for themselves often (since 2016) have their entire business credit scores wiped away when they transfer ownership. The credit ...
Can Corporate Credit Be Paid For With No Money
It takes the average student ~90 days to obtain their first cash credit card. That is like being given free money and can be used to pay for the program itself; however, it is impossible to pay for the program immediately with Corporate Credit ...
What Is The Differenced Between Corporate Credit and Business Credit
Corporate credit is available through credit cards, lines of credit, bank loans or trade credits. Credit cards, lines of credit and bank loans are available through financial institutions. Business credit is typically only in the form of credit ...
What Is Required To Obtain Corporate Credit
To obtain $50,000 in corporate credit one will need: 1. Business entity registered with Secretary of State (LLC or C-Corp) 2. Website, Business Email, Phone Number 3. Business Bank Account 4. Spending $50 with each vendor for 1-3 months (10-15 ...
How To Bankrupt A Company for Corporate Credit
A new section for Corporate Credit Secrets unlocks every 10 days. The final section (Section 7) contains information on bankrupting a company, avoiding ChexSystem issues, using a trust and how to cash out the net vendor & store credit accounts. We ...
What If Sole Proprietorship Already Has EIN
That is unlikely as Sole Proprietorships are created with a Social Security Number rather than an EIN. To obtain an EIN for the entity, the IRS requires that sole proprietorships get a new EIN and convert to either an LLC or Corporation.
How Does One Register A Business
Research & Choose a Company Structure Choose a State & City - Choosing a location first is key since requirements can change state to state. Get a Commercial Address (if registering out of state - Foreign | If in-state - Domestic) Search & Choose a ...
Where Are The Bonuses for Corporate Credit Secrets
The bonuses and everything talked about in the Corporate Credit Workshop will be unlocked in a drip-feed format so that users don't get overwhelmed by the amount of information or things to do. Most students will go in the following order for the ...
Does Corporate Credit Work If One Doesn't Own a Business or Intend to Run One
Yes, the program is still viable even when not owning a business. The ability to bankrupt the company and how is talked about inside the program as well.
When Is A Registered Agent Required
A registered agent is required when registering a S Corporation, C-Corporation or LLC in a state that is NOT the state one physically lives in.
Will Corporate Credit Work For Someone Outside USA, UK and Canada
Yes, no matter where one is in the world - anyone can build corporate credit! Of course a student outside North America may need to be more selective with the vendors used when building corporate credit, such as verifying they ship internationally to ...
Should A Trust Be Used For Corporate Credit
While one can do it with a trust, it's easier for most students to use an LLC or C-Corp due to prior knowledge of these entities for public contracts and interactions.
When Registering LLC or C-Corp - Does One Put Personal Address or Registered Agent's Address
You will still need an address outside of the Registered Agent. One should NOT solely use a Registered Agent's address for the reasons explained in this article: Why You Don't Use Your Registered Agent Address for Your Business | Law 4 Small Business ...
Does The State Incorporated In Matter For Corporate Credit
No. Only certain benefits are derived from incorporating in a specific state where privacy (i.e. Nevada) or less frequent reporting (i.e. South Dakota) is required. Additionally, if the business will be producing larger amounts of revenue - a state ...
Can One Use A Shelf Corporation / Shelf LLC for Corporate Credit
Shelf entities are not recommended. They may show a higher "years in business" but that date resets when it is found the company is under new management. Additionally, the bank account registration date is the official date for some vendors/lenders ...
Will Vendors Give Credit To A Startup or New Business
We have a list of dozens of vendors that will offer lines of credit to all Private Wealth Academy members during the start-up phase. These vendors will report one's positive trades with Dun and Bradstreet and Experian Business. The vendors will even ...
Can Corporate Credit Be Gotten Outside the USA
Yes, but all of the vendors that we work with are located within the United States. Anyone outside the USA will need to find vendors within their own country.
Can Corporate Credit Help Me Qualify for SBA Loan
Getting a SBA Loan with poor personal credit is very difficult. Most SBA Loans are being denied, even to those with good personal credit. If one has moderate personal credit (680+), there are several places to procure SBA micro loans (less than $35K) ...
Company Has Bad Credit - Can This Fix It
Repairing a damaged business credit profile alone can be difficult, but with easy to follow steps - submitting a dispute and removing negative marks from the business credit profile is easy. The only times we have seen trouble is when a company has ...
Will Corporate Credit Work With Bad Personal Credit
Whether it's a bankruptcy, IRS back taxes, liens or a judgment - there is still a solution. Even with very poor personal credit (or no credit at all) - corporate credit is possible! We'll show how anyone can build a corporate credit profile totally ...
How Long Does The Corporate Credit Process Take
It takes 120 to 180 days to establish a good file with business credit agencies and get the approvals without a personal guarantor. What normally takes years we can establish within a matter of months based on pro-actively following certain simple ...
Is Good Personal Credit Necessary - Can One Stop Paying Personal Credit Cards
Good credit can help, yet bad credit won't really hurt the process either. Never let personal credit go defunct, that's what Debt Removal Secrets is for. Cash credit is harder today than it was in 2007 when a 411 listing and a single bureau score ...
Can We Build Credit and Never Pay Any Bills
This is not a program that can be abused. If one doesn't pay their bills or credit lines granted to their company, it can affect thousands of dollars in future credit that could have been given. Please pay bills on time until one is done building ...
Are There Any No Personal Guarantee Cards Anymore
Yes, one just needs the right business credit profile built - and to apply to the correct vendors.
Can Anyone Build Corporate Credit Without This Education
Before 2007, when bureaus were "selling" business credit, underwriters, stores, banks all had to learn the hard way that offering millions of dollars in NO-PG credit to companies was bad for business. No personal guarantee credit extensions became ...
Is A Perfect Score for D&B Enough
No D&B is not enough! This may have been true in the early 2000s, but not now. The D&B PAYDEX Score is critical when beginning; however, the most important business credit score is the Experian Intelliscore, which has a scoring model similar to a ...
How Long Before Receiving The EIN (Sent By Mail)
The processing timeframe for an EIN application received by mail is four weeks. Ensure that the Form SS-4 PDF contains all of the required information. If it is determined that the entity needs a new EIN, one will be assigned using the appropriate ...
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