Are you starting a new business or launching a new part of your existing business? Would an interest-free line of credit help get things rolling?
The rules of business have changed in recent years and continue to do so. It’s essential for new business owners to think outside the square if they want a successful launch, substantial growth and to keep up with (or overtake) their competition.
When you join the Bartercard business ecosystem, you can apply for an interest-free line of credit of up to five thousand trade dollars. With traditional lending being a challenge today, this T$5,000 boost can help you conserve cash during the all-important start-up phase.
You can use your trade dollars through the Bartercard member ecosystem to help with things such as fit-out, to purchase equipment or stock – depending on your type of business. Your interest-free line of credit could be put towards marketing or advertising to kick start your business and attract customers in the cash economy.
Here’s how it works
When you become a Bartercard member you can apply for an interest-free line of credit based on an advance on your trade dollar sales. This advance is subject to trading amounts, equity, and security. Bartercard’s advance on trade dollar sales is offered as a cash-alternative currency that comes without the interest rates of a business bank loan. It’s paid back by selling your products and services through the Bartercard community.
Bartercard has confidence in your ability to pay back this advance – in fact, they will support you to grow your business by sending new customers your way and offering free advertising to a global marketplace.
Funding capital growth
As a Bartercard member, you can also fund the capital growth necessary to grow your business once it’s up and running. Some established business members have applied for a considerable advance on their trade dollar sales – up to T$25,000. They have been able to put this interest-free line of credit towards purchasing property, leasing office premises, completing renovations or developing extensive marketing campaigns to grow their business.
Save cash
In the start-up phase of your business, Bartercard’s advance on trade dollar sales enables you to save your cash by covering some of the essentials. Members have been able to directly fund stationery, printing signage, branded promotional products, computer equipment, website and app development, content creation… and so much more.
Expand your customer reach
Your advance can also be used to launch your business through advertising or marketing to reach cash paying customers. Other start-up businesses invest their advance into seeking support from professionals who can help them plan and map out a path to business success.
Bartercard can help your start-up business to grow
Launching in 1991, Bartercard has become the world’s largest cashless business networking platform. Whether your new business plans to operate locally or globally, the Bartercard ecosystem can help you reach and attract new customers.
With a wealth of experience and long history of supporting both start-ups and established businesses, Bartercard is the perfect partner to help you build your business.
The simple, flexible trading system converts slow moving stock, downtime, spare capacity, or vacant seats into extra sales for your business. The security and flexibility of using trade dollars, allow you to keep more cash in your business, and that’s always a good thing!
Contact us today and let Bartercard help expand your business and your profits. And right now you can apply for a complimentary membership valued at $989, but hurry as this is limited to 1000 memberships.
