Use Bartercard to: Pay your creditors !

During these tough economic times, some Bartercard business owners may not have a
substantial cashflow to support paying some of their creditors. By being a Bartercard member,
you have the option to use your Bartercard Trade pounds or products or services as a means to
pay all or part of your cash debt quicker.

Strategies
If a creditor is keen to receive payment, they may accept part or all of the outstanding payment in the following ways:

1. By accepting Bartercard Trade pounds from the debtor (Bartercard member).
Depending on the amount outstanding, a temporary Bartercard account may be set up
for the creditor or gift certificates may be issued that the creditor can spend at any
business that accepts Bartercard.
 2. By accepting products or services from the debtor (Bartercard member) that the
creditor can use or on-sell in the cash economy. As a Bartercard member (debtor) you
are not limited to your own product, you also have the option to select from the variety of
products or services in the Bartercard network. These products could be sourced using
the Bartercard Auction site, eMARKETplace, Online Directory or by contacting your local
Bartercard office to satisfy the creditor’s requirements.
 3. By having the debtor (Bartercard member) pay the creditor’s business expenses (the
Bartercard member may simply pay a Bartercard supplier in Trade pounds, on behalf of
the creditor).

N.B. As a result of implementing one of the above strategies, the creditor receives their outstanding payment and the Bartercard member is able to pay their outstanding cash debt with Bartercard Trade pounds, thereby retaining valuable cash in their business.