eXmerce Blog

How can small business access credit?

Credit is tight - at least, that's what the headlines tell us. What can small business owners do to effectively make their case to the banks? What are alternative sources of financing they can pursue?

Think barter! eXmerce is a Calgary-based business barter exchange. Through eXmerce, we can grant your business a line of credit in trade dollars. All you have to do is simply trade us in kind your product or service to obtain the line of credit. If you're wondering what are trade dollars - Trade dollars is a type of currency we use within the eXmerce exchange. Whatever you as a business would normally retail products or services in the cash world, that is what you would retail in the barter world or through eXmerce. For instance, if you sold a dozen rozes in the cash marketplace for $25 cash - through the eXmerce community, you would simply sell the same dozen rozes for $25 trade dollars. The trade dollars accumulated can then be used to purchase products and services from any one of the members that's part of eXmerce. The advantage to you when bartering is when you purchase products and services through eXmerce, you're actually purchasing items at your own cost!

If you're feeling the pinch and have been unsuccessful in getting approved for a line of credit, please contact eXmerce at 403-215-9220 and we can help!

~Nelson