Barry Sharf – Merchant Cash Advance

Barry Sharf – Merchant Cash Advance
Simply put, a Merchant Cash Advance is an easy and efficient way for a business
to secure short-term working capital. Cash Advances are similar to traditional
business bank loans; however an Advance is not based exclusively on a
merchant’s credit, rather on the strength of a business as a whole. Discount
Merchant Funding (DMF) evaluates a combination of factors including, but not
limited to time in business, monthly total sales, credit card sales, SIC code,
average daily balances etc.
Any business needs funds to set up. Often people have concrete business plans,
ideas, and needed knowledge but lacks in funding part. They are either
financially not sound or finds it difficult to raise the funds. To help out such
individuals Barry Sharf has come up with offering the Merchant Cash Advance.
It is a rapid and simple way to get a business cash advance without guarantee,
even if you don’t have an excessive credit support. Thes e are not loans rather;
they are a sale of a portion of upcoming credit and/or debit card sales. These
are a lot used by retail businessmen who do not meet the requirements for
regular bank loans and are usually more costly than bank loans. Essentially, an
advance is purchasing a segment of a company’s future sales at a discount – not
a loan.
How does Merchant Cash Advance work?
To being with, applicant has to fill up a small questionnaire. This would also
give an idea about which loan products he/she quali fies for. In the next step;
Barry Sharf will review your requirements in a discussion letting you understand
the details of each before applying confirming which will help your business
most. Post discussion, you would be set free to decide what kind of Me rchant
Cash Advance you would like to have. Yes, during discussion we will have a

calculation about what would suit your requirement best. Finally, get funded.
You that you have what all you was looking -for, all the best for your business.
Who Qualifies for Merchant Cash Advances?
An individual with a running business for last 6 months or with a clear business
plan with the industry training and certificate valid for two years qualifies for
Merchant Cash Advances. To know more about this contact Barry Sharf
via Contact form.
Advantage:
Short term financing; because a cash advance only spans a few months, there is
no long term obligations.
You receive your money quickly; upon receiving a signed application and bank
statements, we can get you an offer within 24 -48 hours. Furthermore, we can
get you funded in as few as 3 business days.
Renewals can often be funded the same day.
Optimal Credit is not necessary; because DMF looks at the strength of the
business as a whole and not exclusively at your credit score; one does not need
ideal credit to receive financing.
Rapid access to funds
Simple approval method
Poor credit is recognized
Apt for a comprehensive range of business drives
Disadvantage:
Higher fees than with customary loans
Less suppleness to change merchant service benefactors
Everyday deduction of credit card takings decreases cash flow