In our hurry up, get it done yesterday culture, business owners may understandably be looking for a shortcut or an easy fix.
The idea behind shelf corporations is that a startup, by definition, has little to no time in business. And, a startup often has few (if any) tradelines or other credit experiences.
So, rather than wait and build corporate credit the old fashioned way, a small business owner may be tempted to short-circuit the process by buying what’s called an aged shelf corporation.