Turk Barter Announces Ambitious Plans To Purchase & Remarket 2,500 Homes

Since its operations began in 2001, Türk Barter is well known within the barter industry circles, as they have been a major sponsor of the International Reciprocal Trade Association. As the first trade exchange in Turkey, they have always operated on a high business level. The company is now ratcheting their ambitions up a notch by announcing plans to buy more than 2,500 houses, 4,000 second-hand vehicles, and 30,000 mobile phones to remarket this year.

Türk Barter, which operates in the fields of credit, factoring and leasing, will also offer the opportunity of zero-interest loans for five years to those who intend to buy houses.

According to Sirri Simsek, the chairman of Türk Barter, all companies with abundant stocks as well as those firms that still keep their goods and houses in their hands in order to make a profit, are invited to work with the company.

“Türk Barter steps in for the completion of some dead construction projects, and purchases the whole project for remarketing. We can call the whole process, barter bonding,” said Simsek. “We also provide zero interest loans for five years as barter credit, however, we charge five percent commission for this activity.”