New England Trade, Inc. is a membership-based association. Our members buy and sell products and services with other exchange members using Trade dollars, which are equivalent to U.S. dollars.
New England Trade, Inc. acts as a third-party record keeper, just like a bank, providing monthly statements and current dollar balance. All transactions are recorded pursuant to trading procedures, policies, rules and regulations of New England Trade, Inc. and the IRS.
Unlike a bank, however, we connect you directly with other members. New England Trade, Inc. brings you new customers to purchase your products and services with Trade dollars. You can then use those Trade dollars to offset current business expenses by purchasing products and services from other members without using valuable cash resources.
Our office is located in Malden, MA, with trading partners throughout the country.
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