Total Merchant Resources, Offers small business loans for businesses in need of capital, was started by Jason Reddish and Val Pinkhasov in 2008. As of October 2023, Total Merchant Resources net worth is $5 million . And they’re pulling in a whopping $16 million in annual revenue.
In November 2013, they appeared on season 5 of Shark Tank USA. And made a deal with Kevin O’Leary, for $200,000 for 50% of equity. The final valuation was $400,000, down from the founder’s initial estimate of $1 million.
Total Merchant Resources (TMR) is still in business as of November 2023. The company has been providing small businesses with alternative financing solutions since 2011. And has helped thousands of businesses across various industries. Visit their official website for more details.
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Total Merchant Resources Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $16 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Kevin O’Leary |
| Founder | Jason Reddish and Val Pinkhasov |
| Employees | – |
Total Merchant Resources Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net worth valuation 2013 after appearing on Shark Tank | $400,000 |
| Net worth valuation 2013 before appearing on Shark Tank | $1 million |
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 |
Don’t miss these product from Season 05
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 2023.
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.
