NEVADA CORPORATE RESOURCES

NEVADA CORPORATE RESOURCES OFFERS YOU THE ADVANTAGES OF CORPORATE CREDIT

NEVADA CORPORATE RESOURCES CORPORATE CREDIT:

Corporate Credit

As a business owner, you have a distinct advantage when it comes to accessing capital. In today’s world, severely poor personal credit is common. Regardless of your personal credit history or score, your business can gain access to a substantial amount of capital in a very short period of time. This is usually more than you could qualify for as an individual.

You might have started out by leveraging your personal credit to fund your business costs, such as your startup and ongoing operations. But the current credit crisis has hurt many businesses that are supported this way. Even with some clients that have never been late or missed a payment, have had their credit lines slashed dramatically. This has caused a domino effect of additional financial hardship. The good news is that because you are running a business; your corporate entity can qualify on its own for separate lines of credit, bank cards, and loans regardless of your personal credit history or score.

Your business is a separate legal entity, when properly established it has rights and privileges of its own. Unlike personal credit, business credit must be actively built and established for your company. To be successfully approved for business loans and financing you must meet the following criteria:

• Be a legal entity that is active and ‘in compliance’.
• Have a track record of transactions with satisfactory payment history that an outside source can verify.
• Have excellent corporate credit scores with all three corporate credit reporting agencies – Dun & Bradstreet, Experian, and Equifax.

Is My Business Too Small?

In the world of business credit, you can create a separate source of credit and financing regardless of your personal credit history; it doesn’t matter if you are the sole operator of a small business, or the owner of a large company with hundreds of employees. Our Business Credit Program and your dedicated Credit Coach will be doing everything they can to help you. Our business strives to achieve outstanding service; here are a few standards we follow:

1. We will ensure your business is properly structured and established to meet the lenders’ legitimacy requirements, and then make sure your business is properly registered.
2. We will help (re)structure your current business activities and expenses. This way they will establish credit scores with the three major business credit reporting agencies.
3. We will build a plan to boost your credit scores fast; our goal is to help you achieve A+ business credit in six months or less.
4. We will use our expertise and lender relationships to get your business the maximum amount of financing, at the lowest interest rates possible, with a quick turnaround time.

Getting Started
Although the process may be intimidating and time consuming to the average business owner; our credit experts have the tools you need to generate results! In a matter of months, we can meet or exceed the results that would normally take years of hard work from the average business owner. Once you enroll in our program, your Credit Coach will speak with you as soon as possible to begin the process. He/she will quickly review your current situation, and work with you to make any changes or adjustments that are required. With our expertise, and your dedication we can help your business achieve an A+ corporate credit score in six months or less.

How Fast Can I Expect Results?
Based on your specific situation, we will generate results as quickly as possible. Each business is unique, and some businesses are basically ‘ready to go’ when they enroll; and therefore can begin to get funding in just a few weeks. Other businesses can require more work to get properly set up and will require a longer timeframe to complete the process successfully. Regardless of your situation on day one, our credit coaches have the knowledge to provide you with numerous sources of capital from a variety of providers in less than six months.

How Much Should I Expect?

Depending on your company's qualifications, you can achieve financing from $50, 000 to $5, 000, 000 within the first six months. Think about how much your company can grow, with access to this additional capital.

Submit For Approval

Finance Type: Unsecured Start-up Research Credit Cards Line(s) of Credit Acquisition Other
Desired Funding: $25, 000+ $50, 000+ $75, 000+ $100, 000+ $250, 000+ $500, 000+ $1, 000, 000+

NEVADA CORPORATE RESOURCES - CONTACT US TODAY FOR FREE BUSINESS ANALYSIS REPORT - 866-305-4188

Nevada Corporate Resources - Nevada Corporate Resources

Advantages of an LLC

Limited Liability Company
The limited liability company (LLC) is a unique form of business that blends the characteristics of corporations, partnerships and sole proprietorships into a simple and flexible business entity that many small business owners prefer. Why?
Asset Protection - Puts a legal shield between you and your creditors. As a completely separate entity, LLCs separate the owners from the business itself. There is no personal liability for any LLC debts even if they relate to a contract. The operating agreement can, for the most part, contain any procedures and rules that the parties desire and once put in place can just sit there maintenance-free. The initial drafting of the operating agreement is very important because it must comply with state and IRS regulations so that the LLC will be taxed as a partnership and not as a corporation.
Tax Advantages - An LLC legally separates the business from its owners (like a corporation), yet it can elect to be treated as a partnership for tax purposes. In this case, the LLC doesn't pay any tax itself - the income is passed through to the owners as with partnerships. The tax rules governing partnerships are more flexible, allowing for more flexibility in tax planning. Your specific situation will dictate whether an LLC or a corporation offers the best tax advantages for you.
Ability to Raise Capital - When you start an LLC, it is simple to bring new owners (called members) on board, and there is no limit as to how many can be involved. These additional investors can be individuals, corporations, trusts, and pension plans, none of which even have to be in the same state or in the U.S. (Of course, you can form either a Nevada LLC or a Nevada corporation in this pro-business state without ever setting foot here!)
Easy to Run - The LLC entity was formed around the principle of the freedom to contract. This basically means the owners only have to agree among themselves how the company will be run and the agreement will be held up in court. As an LLC, resolutions, amendments, meeting minutes, and annual board meetings are not required by law, as they are with corporations. In fact, in most states, owners of corporations that do not comply with these requirements lose the asset and liability protection typically provided by a corporate entity. Nevada, though, is unusual in that the corporate veil* can only be pierced in the case of fraud, even if these corporate formalities are not performed. Again, your specific situation will dictate whether a Nevada LLC or a Nevada corporation will work best for you. For when an LLC is most appropriate click here.
Limited Liability Company
The LLC entity can be used to hold property and transact any type of business. An LLC is a flow-through entity. It passes all of the LLC profits and losses directly to the members of the LLC. Individual members are therefore taxed at their personal tax rates.
LLCs are owned by members, which are like shareholders in a corporation. Unlike S corporations, the LLC can have an unlimited amount of members. A member's ownership interest in the LLC is referred to as a 'membership interest'. It is like stock in a corporation. All members of an LLC can manage the business; A manager can be an individual, a partnership, a corporation, or, in some states, such as Nevada, even another LLC. This offers tremendous flexibility for estate planning and asset protection.

This is not to say that building business credit cannot be accomplished with a sole proprietorship or partnership. At Nevada Corporate Resources we will work to build your credit, no matter which entity you choose.
Disadvantages
• Federal Security Limitations: The LLC is only available to privately owned companies. If a company were to go public, it would have to be a C corporation. With merger laws, it would be relatively easy to convert a Nevada LLC to a C corporation.
• Loss of Pass-Through Tax Treatment: This occurs when an LLC is viewed as a corporation, which happens when there is an election filed with the IRS and the LLC qualifies for three of the four criteria that define a corporation. If it is taxed as a partnership, pass-through treatment still applies for taxes.
• State Tax Treatment: Some states impose an income or franchise tax; however there is neither on a Nevada LLC.


Nevada Corporate Resources - Contact us today at 1.866.305.4188