insideSUSSEX Magazine Issue 01 - March 2015 | Page 95

business BARTERCARD: INTEREST FREE BUSINESS SOLUTION FOR 2015 Sussex small to medium enterprises (SMEs) are acting quickly to seize modern-day, interest free lines of credit through Bartercard. Over 2,500 SMEs in the UK are using the modern day Barter exchange system to increase cashflow and profitability and weather the economic storm. Sussex Bartercard managing director, Chris Edworthy says: “While Bartercard is useful for operating a business in any economy, its full potential as a true business asset is realised during tough times, and if you want to move your business forward.” Bartercard Sussex, with offices at Ford, near Littlehampton, was officially launched at the end of 2014 at a networking event at the Pelirocco Hotel in Brighton. The Bartercard Trading Programme enables businesses to trade in goods and services without the need for cash. It allows organisations to grow and diversify whilst saving on their outlay and thus helping control cashflow. This age-old form of business has been brought into the 21st century by Bartercard’s unique methods of accountability, support and security. Established in Australia in 1991 and in the UK in 1996, Bartercard has seen unprecedented levels of growth in membership and trade volume. It now facilitates trading of more than £30 million per year in the UK and worldwide trade volume is expected to reach £2 billion this year. By concentrating on the largest single sector of the business market – small to medium sized enterprises – Bartercard UK has proved that this form of trading is a vital part of the new economy. Bartercard Sussex is looking to grow its membership in 2015, so would like to hear from as many small and medium type enterprises as possible in Sussex. For trading enquiries please contact trade coordinator, Oliver Fribbens on 0344 25 70 700 or email [email protected]. 95