Turbulent economic times have businesses scrambling for ways to cut costs, get lean, and improve their balance sheets but they are scared to “take risks”. With Trade Nicely, they get the transformation they need without the usual risks and financial commitments.
BOISE, ID / ACCESSWIRE / September 20, 2020 / Imagine the business world where trading - instead of paying for services - is the new normal.
This is the audacious reality being pioneered by Trade Nicely, an Idaho-based Fintech company who are sending shockwaves through the Finance world.
“People, generally speaking, are scrambling to shore up their companies but don’t know where to turn” says Jeffery Hartman, Co-Founder of Trade Nicely, “they know they need to get bad debt off their books, raise capital, stop paying stupidly high-interest rates, and have a steady stream of clients coming in… but no one can do all of this effectively - especially without having to pay anything!”
Indeed, the idea of “bartering services” is nothing new, but enabling companies to simply trade their long forgotten accounts receivables, outstanding balances, and other depreciating assets for something of true value, is revolutionary.
Taking it even a step further, the company offers to pay in “any fiat currency and new clients or a combination of both” according to their website.
In other words, companies trade away their non-performing assets and in return get paid exactly the way they want.
Accountants, in particular, are excited about this new novel approach of value exchange. With the stroke of a pen (which in today’s world is an e-signature), they are able to take old, charged off debt from the books, gain significant tax advantages and now, trade this for cash or new clients, without taking the risk of making any financial investment whatsoever.
CFOs are adopting this new way of operating because it’s finally the win/win they have always wanted, but have struggled to find.
“After speaking with countless executives, we realized that what they want is to simply turn something that is holding them back into something that will accelerate them into a strong financial position, right away,” says Jason James, Co-Founder of Trade Nicely, “they’ve been apprehensive about taking on risks yet know they need to take action. We’ve removed every barrier for them to move forward with confidence.”
In true tech fashion, Trade Nicely’s process is what you’d expect: dead simple.