NewswireTODAY - /newswire/ - Las Vegas, NV, United States, 2010/03/30 - Barter Media Solutions (BMS) announces pilot plan to help for Banks and other financial institutions to dispose of aging inventory and other problem REO’s at full book value.

BMS – a leading company in the alternative financing marketplace – has announced an new program that will help banks dispose of their aging inventory of negative market to book valuation residential, commercial and industrial REO’s on their books at full book value. The advantage to the Bank is that they receive full value recovery while increasing cash flow. They remove a liability from their books and use the funding to pay operational expenses.

Bartering real estate in return for goods and services is one of the newest and fastest growing trends to hit the depressed real estate market. The BMS Real Estate cross-purchase program takes it one step further. Banks purchase advertising and marketing services that they would normally purchase and BMS in return purchases the Banks problem residential, commercial and industrial REO’s at full book value.

Banks can create a first class media campaign funded completely through the program. National and Regional advertising including TV, Newspaper, Magazine, Internet, Outdoor/Transit advertising as well as promotional logo products and more can all be funded through The BMS program while providing value recovery to the Bank.

With discounts to present value at which REO or 3rd party sales occurred hitting the 35% to 45% range the impact on loss severities to Banks can be devastating. The BMS program (bartermediasolutions.com) offers banks and financial institutions burdened with excess inventory the ability to forgo 100% of the loss while also facilitating positive cash flow.

Agency / Source: Barter Media Solutions

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