What Local Trade Partners does

Local Trade Partners (LTP) is a privately held regional barter exchange founded in 2009 in Fayetteville, Arkansas, that operates a business-to-business trade network for privately held local companies. Members earn and spend an internal trade-dollar currency by buying and selling goods and services with one another, with the company monetizing through a $149 one-time membership fee and a 10% transaction fee applied to member purchases (no fee on the sell side). New members receive a $150 account credit on signup, an interest-free line of credit is offered, and excluded categories include groceries and fuel.

The core technology is the Nextrade 360 trade exchange platform, comprising a self-serve online marketplace, a searchable member directory, an online transaction authorization flow, and two mobile applications (an LTP Member App with geolocation-based directory search and a Selling Only App for employee POS use without balance visibility). Distribution combines self-serve signup, direct field sales, inside phone sales, app-store presence, and member referrals, with marketing leaning heavily on community events and word-of-mouth.

LTP serves over 1,000 SMB member businesses across Northwest Arkansas, the Arkansas River Valley, Southern Missouri (including Branson), and Eastern Oklahoma, with a stated "privately owned businesses only" policy. The company is small (1-10 employees), owner-operated by CEO and Certified Trade Executive Rolf Wilkin (also founder of Eureka Pizza), with Senior Broker Rich Creyer and Administrative Broker Kady Bright rounding out the leadership team; Wilkin sits on the board of the National Association of Trade Exchanges (NATE).

Name

Local Trade Partners

Legal name

Local Trade Partners

Website

https://localtradepartners.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Local Trade Partners is a privately held, Fayetteville, Arkansas-based barter exchange operating the Nextrade 360 platform for over 1,000 privately owned SMB members across Northwest Arkansas, the Arkansas River Valley, Southern Missouri, and Eastern Oklahoma, monetizing via a $149 one-time membership fee and 10% purchase-side transaction fees.

Ownership category

akta.pro rank

Headquarters

HQ city

Fayetteville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Membership Fees: One-time $149.00 membership fee (tax deductible as a business membership). New members receive a $150 rebate to their LTP account to start trading immediately.
2. Transaction Fees: 10% transaction fee on purchases made by members. No transaction fee on sales.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Local Trade Partners operates a regional barter exchange network where member businesses buy and sell goods and services using internal trade dollars (LTP$) instead of cash. Members earn trade dollars when they sell to other members and spend them when purchasing from other members, with transactions tracked through the Nextrade 360 online platform and mobile apps. The company also provides interest-free lines of credit to facilitate trading activity among its 1,000+ member businesses.

Product overview

Local Trade Partners operates a unified trade exchange platform for local businesses, consisting of the core Trade Exchange Platform (a mobile banking-style system for conducting transactions using trade dollars), the LTP Member App (for directory search, transaction management, and account access), the LTP Selling Only App (for employee-facing point-of-sale transaction processing), the Online Member Directory (for discovering trade partners), and an Interest-Free Line of Credit (to facilitate trading without cash expenditure). The platform enables business-to-business barter within a network of over 1000 member businesses across Northwest Arkansas, the Arkansas River Valley, Southern Missouri, and Eastern Oklahoma.

Differentiator

Problem solved

Functional benefit

Products and services

• Trade Exchange Platform (Nextrade 360) A mobile banking-style trade exchange platform enabling local businesses to buy and sell goods and services using trade dollars (LTP$) instead of cash. Transactions are entered online by buyers or sellers, with all activity tracked through the platform.
• LTP Member App A free mobile application for members providing access to the member directory with 'members nearby' and 'restaurants nearby' search functionality, transaction viewing and processing, and LTP account balance access.
• LTP Selling Only App (Nextrade 360 POS Authorizations) An employee-facing mobile application that allows staff to process transactions on the go without exposing account balances or transaction history, designed for point-of-sale authorization.
• Online Member Directory A searchable online directory of LTP member businesses, enabling members to find and connect with other trade partners offering desired goods and services.
• Interest-Free Line of Credit An interest-free credit line provided to members to facilitate trading activity, particularly benefiting new members and those requiring extra funds to begin trading.

Quantifiable outcome

• Over 1,000 member businesses in the network
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• The Belford GroupminorOthersWebsite design and maintenance partner. Owner Barry Belford is an active LTP member.
• GCM ComputersminorOthersWebsite hosting provider for Local Trade Partners
• Apple App StorecoreChannel Partner/ Reseller/ DistributorDistribution channel for LTP Member App and LTP Selling Only App on iOS
• Google Play StorecoreChannel Partner/ Reseller/ DistributorDistribution channel for LTP Member App and LTP Selling Only App on Android
• National Association of Trade Exchanges (NATE)coreStrategic or Co-development PartnerRolf Wilkin serves on the board of NATE, the national trade exchange industry association

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Tradebank International: Franchise-based B2B barter exchange network that recruits and supports regional trade brokers — directly comparable in operating model to LTP's member-broker approach and a candidate counterparty/competitor for any franchise-style expansion.
• ITEX Corporation: One of the oldest and largest B2B barter exchanges in North America, operating a member network with trade dollar currency and transaction fees — the same core model as Local Trade Partners but at national scale.
• BizX: B2B barter exchange (formerly Barter Network) that intermediates trade among member businesses using an internal currency and brokerage fees, directly comparable to LTP's trade dollar system.
• International Monetary Systems (IMS Barter): Operates a national B2B barter exchange with member-based trade dollars and transaction fees, serving SMBs across multiple U.S. regions — an obvious scale-leader peer to LTP's regional model.

Regional players

• Florida Barter Inc: A long-standing regional B2B barter exchange in Florida using the same member-network and trade-dollar mechanics as LTP, illustrating both the structure LTP could expand into and a comparable operator in another regional market.

Broad incumbents

• BBX Capital / BBX Trade Network: Public holding company with a barter exchange subsidiary that operates a multi-region B2B barter network — broader portfolio than LTP but overlapping directly on the barter exchange core offering.

Others

• The Nextrade Group: Software vendor that operates the Nextrade 360 barter platform — the technology backbone used by Local Trade Partners — making it both a critical infrastructure partner and an industry-level comparator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/localtradepartners
• Instagraminstagram.com/local_trade_partners
• LinkedInlinkedin.com/company/local-trade-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Local Trade Partners