Cash is NOT King During COVID-19

Posted 09 May-2020 05:52 PM by Dirk | 1353

Malden, MA, May 9, 2020 -- COVID-19 has created a cash crisis for many small business owners. Less cash is coming in. The domino effect amplifies. Less cash is going out. But what if cash was NOT the only currency?

Responding to that cash crunch, New England Trade, Inc. (NET), based in Malden, MA and the leading barter exchange in the New England region, announced that they are offering free memberships “ traditionally a $295 membership fee - and no fees for six months to any business. Qualified new members will also be granted a minimum $1,000 line of credit.

œWe know businesses are hurting. Now is the time to embrace innovative methods to keep the momentum going, noted Gary Oshry, President of New England Trade, Inc. He explained, œOur barter network of over 1,000 participating businesses allows members to accrue a balance by providing a service and then applying that balance towards the purchase of any of the hundreds of good and services within the network.

New England Trade members include professional services (accounting, legal, business coaching), health care professionals (dental, counseling, chiropractic, physical therapy, optometry, acupuncture), marketing services (website development, graphic design, video, printing), wellness (health clubs, massage therapy) food service (restaurants and catering), accommodations (hotels, condos), recreation (rentals for autos, bikes, kayaks, paddleboards) and much more.

New England Trade has won numerous awards from the National Association of Trade Exchanges (NATE), International Reciprocal Trade Association (IRTA) and Barter Association National Currency (BANC. The organization has received that recognition for its members state-of-the-art software, sophisticated website and mobile app, and Swipe Technology to make trading faster and easier than ever, and the assistance of full-time brokers available to promote each business and fulfill needs while saving cash.

Since 1980, New England Trade's mission has been to increase their client's sales and conserve their cash flow, facilitate trade among clients in an efficient, easy-to-use, cost-effective way, and improve their business outlook while enhancing members lifestyles.

About New England Trade, Inc:
A barter exchange is a third-party record keeper, providing members with monthly statements of their barter transactions. New England Trade, Inc. members are simply agreeing to accept an alternate form of currency as payment, providing you with an additional distribution network to grow your business. Members are able to purchase any product or service within the New England Trade, Inc. network through their trade account ” products or services do not have to be directly exchanged.  For more information, visit www.NewEnglandTrade.com or call (781) 388-9200.

Media Contact:
Gary Oshry
barter@newenglandtrade.com
(781) 388-9200

Tags:

barter exchange, barter solutions, barter transactions Cheap Press Release Distribution Services, Affordable Press Release Services, Cheap Press Release Distribution Site, Free Press Release Distribution Website, Press Release

Company Information

Company Name Contact Person Contact Number Email Id Website Address
New England Trade, Inc 7813889200 barter@newenglandtrade.com http://www.newenglandtrade.com

Other Retail Related Press Release News

Cash is NOT King During COVID-19 Free

Malden, MA, May 9, 2020 -- COVID-19 has created a cash crisis for many small business owners. Less cash is coming in. The domino effect amplifies. Les...Read More


Mattel Unveils #ThankYouHeroes Program from Barbie® Supporting First Responders Children’s Foundation Free

Mattel (NASDAQ: MAT) announced today that Barbie will donate a doll for each eligible career doll sold from May 14-May 17 to the First Responders Chil...Read More


Health-Based Retailers Leverage Newswire for Marketing Guidance Amidst COVID-19 Press Release Free

During the COVID-19 crisis, businesses have had to adjust their workflow to fit within CDC guidelines, which has affected their marketing strategi...Read More


As COVID-19 Outbreak Looms, Large Law Firm Market Has Strong First Quarter Says Thomson Reuters Peer Monitor Index Free

The large law firm market saw strong growth in demand and rates in the first quarter, a robust foundation at the onset of the COVID-19 outbreak. The T...Read More


ShopHero Partners With Winkler Wholesale Grocers to Offer Online Grocery to 400 Independent Grocers Free

Winkler Wholesale Grocers, a family-owned and operated grocery wholesaler announced a strategic partnership with ShopHero, Inc. to provide onli...Read More