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What is corporate barter?

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What is corporate barter?

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A. NATE Corporate Barter Division provides corporations with a powerful tool to increase their profits by bartering their excess inventory or capacity in exchange for their needs or wants. The revenue of unsold perishable or time-sensitive inventory or capacity can never be recovered. Rather than discounting or taking a loss, corporations may put to use credit for their unsold inventory or excess capacity as trade currency through NATE’s online barter network called The BANC. NATE purchases agreed upon inventory or capacity from corporate members, in blocks of $5,000 or more in credit. NATE Corporate Barter Division purchases unsold inventory and excess capacity, which then provides immediate value redeemable through an online barter network, called The BANC. With a network of over 50,000 trading partners throughout the U.S.

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