Virtual office for your shelf company
VIRTUAL OFFICE SERVICES AND THE BUILDING OF CORPORATE CREDIT FOR YOUR SHELF COMPANY
Virtual office companies provide a commercial mailing address. Once too many companies share the same address, banks tend to feel nervous about that address. It happens at the point that there are numerous failures in loan payments over a number of companies that used the same address. They flag the address and increase scrutiny of any business that shares that address.
How do I know if the virtual address if flagged?
Expect every virtual address and mail drop to be flagged by the banks.
If I can't use a virtual office address to apply for corporate credit, what am I to do?
Make a list of everyone with whom you do business. Consider your auto mechanic, dry cleaner, insurance agent, real estate agent, etc. Tell them that you’re starting a new business and you’re looking for a commercial address. Offer to pay them $50 a month to receive mail at their business address and that it’s no trouble for them. You’ll pick up the mail twice a week. Most people say “Yes.”
A home address won’t serve as well as a commercial address. Banks aren’t excited about lending money to a home based business; despite what the commercials present. The banks like a commercial address that’s not a virtual office.
Do they prefer a home based business to a virtual office?
Do you offer a
virtual office address?
Yes, we provide virtual office services in Wyoming. We don’t know if our virtual office address in Wyoming is flagged or not. If you’re seeking to build corporate credit, don’t use any virtual office address; even if it’s our address in Wyoming.