About BarterBankBarterBank operates and manages a Corporate Barter Pool, which is modelled upon over 30 years of American experience of organised barter, where global transactions valued at more than $8 billion annually are generated. Barter is the exchange of goods without exchange of money, a form of trading that is a modern, practical and effective financial tool enabling companies in all sectors of industry and commerce to trade using surplus assets or excess capacity. BarterBank expects the development of barter trading in the UK to follow the pattern of growth of the invoice discounting/factoring industry over the past decade, which started as a new concept but over time, has grown to be a significant element of the financial services industry. Many of the more successful factoring companies have been bought by, and integrated into, the high street banks' services. It is our belief that barter offers a similar opportunity for growth over the next decade because it provides both financial and sales/marketing benefits to companies across a broad spectrum of service and manufacturing industries. Its position in the financial services hierarchy in the USA is now firmly established. No apology is offered for imitating a product with a proven track record in North America and Australia. The founders intend to establish BarterBank as the pre-eminent British company operating a profitable European corporate barter system, based upon a balanced membership of actively trading companies. Our unique website and trading platform offers every member a unique advantage over its competitors. In today's competitive environment, finding cost effective ways to increase sales is the key to a successful business. The cashless marketplace offers you that competitive edge, with an estimated global client base of 500,000 companies worldwide generating $8.43 billion of sales on a non-cash basis. Can you afford to be left behind? Let BarterBank start working for you. |
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