Trade exchange


An association of businesses formed for the purpose of trading with one another, using mutual credit to keep account. Typically the lead business will run the exchange, performing a brokering services and providing an online marketplace for members to meet their needs and register their transactions. Also known as business barter
Thousands of trade exchanges exist, some independent and some belonging to regional or global networks. The two most prominate associations for Trade Exchanges are IRTA and NATE.
There are numerous benefits to business bartering, some of which include, large referral network of businesses/services, easing cash flows problems/saving cash, filling empty time slots, filling empty hotel rooms, unloading excess inventory, using trade to attract cash customers, gaining access to a directory of other member businesses, from which they can purchase and sell dollar for dollar. Reputable trade exchanges have physical locations with sales people & brokers and are not just "online" exchanges. Trading in this way can ease cashflow problems and help turn inventories around.