In 2013, Total Merchant Resources (TMR) appeared on Shark Tank, securing a $200,000 investment from Kevin O’Leary for 50% equity.
This exposure led to a 500% business growth. As of 2024, TMR’s net worth is estimated at $5 million. The company continues to provide alternative financing solutions to small businesses, maintaining an active presence in the market.
Total Merchant Resources Net Worth
| Estimated Net worth | $5 million (2024) |
| Annual Sales Revenue | $16 million (2024) |
| Lifetime sales | Not available |
| Investor | Kevin O’Leary |
| Founder | Jason Reddish and Val Pinkhasov |
| Employees | Not available |
Total Merchant Resources Pitch on Shark Tank
| Product | Offers small business loans for businesses in need of capital |
| Episode | Season 05 Episode 06 |
| Founders | Jason Reddish and Val Pinkhasov |
| Asked for | $200,000 for 20% Equity |
| Company name | Total Merchant Resources |
| Final deal | $200,000 for 50% Equity |
| Shark | Kevin O’Leary |
| Location | Piscataway, New Jersey |
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Total Merchant Resources Founders
Total Merchant Resources was founded by Jason Reddish and Val Pinkhasov in 2008. The founders Jason Reddish and Val Pinkhasov, have a net worth of $2.5 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2013 | Appeared on Shark Tank season 5 and Kevin O’Leary invested $200,000 for 50% Equity. |
| 2015 | Achieved significant growth and reached a milestone of $1 billion in funded loans. |
| 2017 | Launched a new online platform to streamline the financing application process. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Total Merchant Resources and its continued success.
