Forget the Loan; Sign up to Make a Trade Through Online Bartering

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With banks continuing their impediments on providing loans to small businesses and business starters; new social media sites are presenting alternative solutions. FavorPals, a San Francisco based bartering site, is accommodating those who need to find lending hands to launch their business ventures by promoting online bartering without a bank loan.

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There are limitless possibilities, but our site is aimed at advocating the ancient practice of bartering; with this online platform you can reach a new mass of people who can help your business or everyday needs in unique ways”.

New companies and small ones may find it difficult in this economy to promote their business without stretching their budgets. However, FavorPals says that it can be a new tool for businesses to take off in various ways. “Using FavorPals can leverage your business assets in many innovative ways,” Erin Hersey, Director of Strategy at Favorpals. “This can be a self-promoting tool; when you are a small business, you want as much exposure with little use of capital as possible. But imagine a free website built for you in exchange for your skills. There are limitless possibilities, but our site is aimed at advocating the ancient practice of bartering; with this online platform you can reach a new mass of people who can help your business or everyday needs in unique ways”.

This new social network just might be the most under-utilized resource that is available to everyone; from small businesses to college students, online bartering might be the new key to going from start-up to big business with spare resources and cash at hand.

Although there may already be the sites that allows users to promote freely that may be more distinguishable, i.e. Craigslist and of course Facebook; this new social manifesto seems to right up there with these big names. Facebook and Craigslist have their own platform for the social scene; let’s connect with old and new friends, find an apartment or sell a car. However, neither network really stimulates the idea of online bartering. Because every business has the same goal in mind; captivate prospects and customers while maximizing significant return on marketing investments; by saving time and risk on loans and funds on branding strategies, FavorPals effortlessly differentiates itself from these sites.

Like other social sites, FavorPals is free and simple to use. These transparent benefits can add value beyond the other advantages that a bartering system can provide. In tough economic times, everyone from general users to businesses will see how FavorPals just might become the new tool for starting up new businesses, networks, and communities that might enrich users to work closer together and collaborate to promote, advance, and build a more unified community; even during tough budgetary periods.

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Ghazaleh Jahromi
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