Loycal

Website: loycal.com
Category: B2B Trade Exchange • Barter Network • Business Services Platform
Coverage Area: Asheville & Surrounding Regions (50-mile radius), with capability for national and international trade

🌟 What Is Loycal?

Loycal—short for Loyal to Local—is a sophisticated barter exchange network that connects local businesses to trade goods and services without spending cash. Founded in 2002 by industry veterans Gary Field and E.G. Sebastian, Loycal provides businesses with a proprietary virtual currency system (Loycal Credits) and B2B matchmaking software that functions like a modern-day trade marketplace.

🔁 How Loycal Works

1. Sell unused capacity – Businesses offer excess inventory or services in exchange for Loycal Credits.

2. Buy what you need – Credits can be used for a wide range of services, from marketing to auto repairs, saving you real cash .

3. No direct barter limitations – A central clearing system lets you buy from anyone in the network, avoiding the coincidence of wants.

4. Interest-free credit line – Gain flexible access to needed services, repayable via trade within no set timeline .

🛠 Who Benefits from Loycal?

Loycal lists 100+ categories of services—everything local business owners typically purchase (printing, advertising, cleaning, etc.)—but with zero cash exchange.

🔧 How Loycal Works

• Apply & activate: Membership is open to businesses within ~50 miles of Asheville; others can join for national/international trade.

• Get matched: Staff-guided connections help you both sell overflow capacity and find trade partners for your needs.

• Use virtual currency: Transactions clear through Loycal Credits, tracked monthly to simplify accounting.

• Trade events: Networking mixers and online demos foster visibility and new referrals.

• Support line: Trade brokers assist with matching, usage strategies, and managing credit balances.

📈 Benefits for Businesses

• Preserve real cash: Trade for essentials—marketing, maintenance, services—without drawing from your bank.

• Monetize idle assets: Turn downtime or excess inventory into trade credits .

• Expand your customer base: Network with local and national businesses outside your normal market .

• Flexible repayment: Interest-free virtual line of credit relieves pressure during cash flow lulls.

• Simplified accounting: Monthly statements record all activity; IRS Form 1099-B issued yearly.

🌍 Unique Advantages

• Not peer-to-peer barter: A one-to-many clearing system avoids barter deadlock .

• Large network: Over 100 Asheville-area companies are already members, with more across the U.S. and beyond.

• Track record & leadership: Established since 2002 and backed by seasoned entrepreneurs recognized by Forbes and major media.

✅ Ideal for:

• Local small and medium businesses (retailers, restaurants, shops, B2B service providers)

• Owners wanting to conserve cash while still fulfilling standard business needs

• Companies sitting on unused capacity looking to monetize

• Businesses open to innovation in funding and networking

🚀 Get Started

1. Request a demo: Online demos walk you through trading, listings, and events (no sales pressure).

2. Apply for membership: Provide business background, what you’ll offer and need; attended onboarding session.

3. Start trading: Post offers, find matches, attend mixers, trade credits—and enjoy savings and new clients.

Loycal transforms local commerce into a vibrant barter-powered exchange that keeps money circulating within the community. With zero-interest credit lines, expert matching, and access to 100+ service categories, Loycal equips small businesses to cut costs, build relationships, and grow—without dipping into cash reserves. Perfect for Asheville-area businesses ready to innovate and thrive in today’s local-first economy.

Ready to trade smarter?

Visit Loycal.com and Request a Free Demo to see how trading your way to growth can be easy, profitable, and community-boosting.