Smart interest-free business lending

Are you tired of the difficulties involved in obtaining a business loan? Having to jump through hoops, not to mention the time it can take. Isn’t it time you considered alternative options? Interest-free business lending is a practical solution for any business owner looking to expand their business, enhance cash flow, and attract new customers.

Traditional business lending

Information shared by Equifax indicates that business lending is declining, while Trade Credit and Asset Finance lending have largely remained steady. The Reserve Bank of New Zealand also shows that the annual growth in total business lending, based on the size of businesses, is decreasing compared to previous years.

Commercial lending isn’t cheap. Businesses fail more often than individuals go bankrupt, so lenders offset this higher risk by seeking greater profit and imposing higher charges. Two thousand five hundred businesses went into liquidation in 2024, according to MBIE and news reports, marking a significant increase compared to previous years and the highest number of business liquidations in a decade.

A smart alternative

Bartercard is New Zealand’s leading business trading currency. It offers a clever alternative: an interest-free line of credit aimed at helping businesses like yours flourish without the limitations of traditional financing. It functions as a cash alternative (Trade Dollars) that does not accrue interest like a business bank loan, and it is repaid by selling your products and services through the Bartercard community.

Many members utilise their interest-free line of credit to fund revenue-generating expenses such as marketing and advertising, interior fit-outs, equipment, larger premises, and additional storage space sourced through Bartercard’s cashless network.

Fund capital growth

As a Bartercard member, you can raise the capital needed to expand your business once it is established. Some experienced business members have requested a significant boost to their credit limit, just like Linda Bryan from Rococo Café/Cottage Fare Ltd did. 

“As owners of a food/confectionery manufacturing business, a gift basket business and a newly added café, Bartercard has substantially benefited our business over the decades. When we expanded our business by adding the café, Bartercard was a huge benefit in helping with the fit-out. We utilised the trade dollars to buy kitchen equipment, furniture, crockery, a water cooler, and other services such as our website, advertising, printing, and products for sale in our café, like gelato and high-end chocolates.

Over the years, we have seen a steady increase in customer traffic with minimal effort on our behalf – we put this down to being a Bartercard member and being exposed to a network we wouldn’t have had if we were just in a cash business. Bartercard has not only allowed the business to thrive but also enabled us to grow.

With the interest-free line of credit, we could pay for a large amount of the expansion costs on Bartercard.”

Save cash

In the start-up phase of your business, Bartercard’s Interest-Free Line of Credit helps you save your cash by covering some of the essentials. Members have been able to fund a range of business expenses, including stationery, branded promotional products, computer equipment, website and app development, content creation, and print signage.

Expand your customer reach

Launch your business by advertising or marketing to attract cash-paying customers. Other start-ups use their credit lines to seek advice from professionals who can help them plan and chart a course to business success.

Discover how Bartercard can revolutionise your business and open up new avenues for growth and success with an interest-free line of credit.

Bartercard.co.nz, 0508 227 837