Bartercard Australia Franchise News

More innovation from Bartercard - cash loans to help Business Sector

Australia's largest barter exchange company, Bartercard Australia, backed by some of the world's leading money lenders, can now provide comprehensive and flexible cash lending options for its more than 23,000 members nationwide.

June 12, 2008 // Franchising.com // Bartercard, through its strategic partnership with white label finance specialist Wilson National, will source wholesale finance from a variety of money lenders including the world's largest AAA rated lender to offer flexible cash loans tailored to suit both the business and lifestyle needs of its members in a program called Members Plus Money.

Members Plus Money offers financial products exclusively to Bartercard members including:
Equipment rental finance
Home loans
Commercial loans and leasing
Personal loans
The Members Plus Money initiative is the latest in a series of member benefits introduced since the Australian management buy out (MBO) of Bartercard Australia in August 2007 when the new owners pledged to take the organisation in a new direction...

May 02, 2008 // Franchising.com // Bartercard Australia has entered into a unique scholarship agreement with Bond University on the Gold Coast to support the educational ambitions of Bartercard's members, franchisees and staff.

With a potential value of almost $500,000, the arrangement will allow for up to twelve half scholarships to be offered over a two-year period to Year 12 students whose parents are associated with Bartercard Australia as business members and their staff, Bartercard franchisees and their staff or Bartercard Australia's own staff.

Six of the scholarships will be made available in 2009 and another six in 2010 for any undergraduate degree programs at Bond University, with the exception of Medicine...

February 25, 2008 // Franchising.com // Bartercard Australia has celebrated its 17th birthday and last year's management buy out (MBO) with a 52 per cent jump in profit for the six months to December 2007 compared with the same period in 2006.

Bartercard Managing Director Officer Trevor Dietz expects an even stronger second half year as Australia's economy slows in a tightening global economic environment.

"This is a time where Bartercard does best and can help small and medium businesses retain their cashflow like no other business tool," Mr Dietz said.
"We can work to protect and cushion small business owners who are members from the fall off in business activity and the increasing cost of money," he said...