Turk Barter Announces Ambitious Plans
To Purchase & Remarket 2,500 Homes
Since its operations began in 2001, T�rk 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.
T�rk 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 T�rk 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.
�T�rk 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.�