Frequently Asked Questions

Have a question you don't see answered below? Send them to info@barterco.com and we will be sure to answer them for you!

Barter income is treated the same as cash income. There is no tax advantages or disadvantages to bartering. Trading should be considered a marketing tool, not a tax tool. TBC provides your company with a 1099B at the end of the year for all of the sales you have consummated with TBC. As with cash income, trading purchases that are normally tax deductible as business expenses, are also tax deductible when purchased on trade.

The initial investment to join TBC is $395. We earn our income by charging a cash transaction fee of 7.5% on each transaction (we don’t earn anything unless you buy or sell). A monthly charge of $15 cash and $15 trade takes place each month. TBC does not charge an annual fee.

Prices quoted to barter clients are the same as prices quoted to cash paying customers. Business owners are educated shoppers. Barter is simply a mode of payment-just like a credit card or cash. If your price is too high, clients simply won’t buy.

TBC participates in The BANC (Barter Association National Currency) U.C. (Universal Currency) and other worldwide reciprocal trade relationships with other exchanges offering a multitude of additional barter opportunities. We fulfill our clients travel requests via our reciprocal network. We also help businesses looking to open new markets by utilizing the distribution channels available to our local clients. This opens the doors to 100,000 businesses nationwide.

In some cases we will issue a line of credit. You must fill out a credit line extension form. Based on your ability to repay will determine the amount of credit issued.

When you make a sale it is your responsibility to call in to get an authorization. Here are three different ways: call the office, call the 24-hour authorization hotline, authorize on the website and/or authorize on the mobile app available for iPhone and Droid users. At this point, the trade dollars are transferred into your account.

We strive to do everything 100% trade. If you are unable to provide your service(s) at 100% we will not promote you until you are able.