Our Team

1430 Broadway

Merchant is extremely proud of its team of finance professionals. With the knowledge that Merchant's success is dependent on our clients' success, our team takes pride in their work and delivers unsurpassed support for our clients.

Neville Grusd, President Merchant Financial Corporation

Neville Grusd

Mr. Grusd also serves as Executive Vice President of Merchant Factors Corp. and Merchant Business Credit, Inc. He has been in the finance and banking industries since 1982. He has substantial experience in asset-based lending, factoring and international trade finance and was Chief Lending Officer of an FDIC member bank.

He was a partner in an accounting firm in South Africa affiliated with S D Leidesdorf & Company which he joined in New York, and which subsequently became Ernst & Young.

Neville Grusd is a Certified Public Accountant, holds a Bachelor of Commerce Degree from the University of Cape Town and is a Chartered Accountant (South Africa). Mr. Grusd was an associate professor of accounting at CW Post, Long Island University and is co-author of the textbook Advanced Accounting.

He is active in the New York State Society Certified Public Accountants (NYSSCPA) and served as its treasurer. He was a director and member of the Executive Committee of NYSSCPA for five years and was chairperson of various Committees, including the Industry Division Oversight Committee. He serves on The Editorial Board of The CPA Journal and has written articles for this publication as well as The Journal of Accountancy. Mr. Grusd is the recipient of the NYSSCPA's 1996/ 1997 FAE Outstanding Discussion Leader Award and the 2000 Outstanding CPA in Industry Award.

Mr. Grusd is a Director and was a member of the Executive Committee of the Commercial Finance Association (CFA) and is former chairperson of its Committee on Cooperation with Accountants. He has chaired panels at CFA seminars and written numerous articles for The Secured Lender. Mr. Grusd also served on the User Council of the Financial Accounting Standards Board (FASB)and was recently appointed to the Private Company Council of the FASB .

Craig Miller, Executive Vice President / Southeast Regional Sales Manager

Craig Miller

Craig Miller has over 23 years experience in the Factoring Industry.
Prior to joining Merchant, Mr. Miller spent time with several Major Factors, as a Credit Analyst and as a New Business Officer.  He joined Republic Factors in 1997 as a Vice President of New Business Development.

Craig Miller has been with Merchant Factors for over eight years.  He prides himself in strong client relationships.  He consults and advises clients on certain business decisions that can support their growth and strengthen their business.


Mr. Miller graduated from SUNY Albany with a B.A. in Economics and Business.  He is extremely active in various financial clubs and organizations in New York.  He is a member of the TMA, CFA,
IFA, and the Business Council of Westchester. He serves on the Board of Directors of the Contemporary Credit Club.

Michael Behuniak, First Senior Vice President

Michael Behuniak

Michael Behuniak joined Merchant Financial in 2010 as Senior Vice President. He brought with him over 20 years of experience in both Corporate and Asset Based Lending. Immediately prior to joining Merchant, Michael spent 9 years at HSBC Bank USA as a First Vice President and Senior Portfolio Manager in the CMB Division. Michael also served as a Vice President at GE Capital in the Commercial Finance Division specializing in Asset Based Lending. Prior to that, he was a First Vice President/Team Leader at Commercial Bank of NY.

Michael holds both a master's and bachelor's degree from the Maxwell School of Syracuse University.

He is a member of the Contemporary Credit Club, Turnaround Management Association, CFA, as well as the Association for Corporate Growth.

Jimmy Schwartz, Senior Vice President

Jimmy Schwartz

Jimmy Schwartz recently joined Merchant Financial bringing with him over 28 years of experience in Asset Based Lending, Middle Market Lending, and Factoring.

Prior to joining Merchant, Jimmy spent 14 years at HSBC Bank USA. Mr. Schwartz also worked at CIT and Rosenthal & Rosenthal Inc. in various roles.

Mr. Schwartz received his bachelor’s degree from SUNY Oneonta. He is active in both the NY and NJ Chapters of the CFA.

Richard Barbera, Senior Vice President

Richard Barbera

Richard Barbera has over 35 years experience in the factoring /finance industry initially as a Wholesale Credit Analyst and the last 30 years as an Account Executive. Mr. Barbera spent over 20 years with Chemical Bank's factoring division, including its successors, Citizens & Southern (C&S), Bank of America and Nations Bank and later worked for Finova and CIT in their Asset Based Lending departments.

Richard Barbera has been an Account Executive at Merchant Financial Corporation for over 9 years handling a diversified portfolio. He prides himself in building strong client relationships and understanding the specific challenges each client faces in its particular industry.

Mr. Barbera attended Queens College where he studied Mathematics and Education. He continues to be active in the business community.

Erica Maldonado, Assistant Vice President

Erica Maldonado

Erica Maldonado has been with Merchant for over 10 years. She is a graduate of Lehman College with a BBA in Finance and Marketing. She has also received her Master of Science in Business Management and Leadership.