Establishing Business Lines of Credit

[Angeline Mentor]

Hi All,

I hope this is the correct forum for my question. I was approached by someone regarding building business lines of credit. So, I am trying to vet out this opportunity. Here are my questions. 

1. Is it common for individuals to buy a shelf company or an established company?
2. Once this company is acquired, since it has been around for several years, I can then purchase the company to apply for lines of credit
3. The company that does this is asking for quite a bit of money. But, they are saying they will help my new company get lines of credit and establish a Dunn and Brad number.

Please advise. 

Thanks for the time in answering this question.