No doubt about it, TMR (Total Merchant Resource’s) is going to completely change the Shark Tank Show in a very positive and big way starting this Friday Night on Episode 509. If there’s one thing all small businesses need is the access to working capital to keep the business afloat in lean times or to buy a much needed piece of equipment that would greatly pay off in the long run.
You have orders pouring in at a steady rate but you also have a lot of money going right back out making sure you keep all you’re vendors happy “first”. It’s a constant tug-of-war for a lot of Small Businesses stuck in this trap from taking their Business to the next level. If only they had access to a Bridge Loan that was backed up not by their credit score, but solely based on how successful the product is selling and the number of credit card orders the business is generating. This is where Total Merchant Resource’s comes in with a very creative solution that a lot of entrepreneurs of all types will be interested in what they have to say.
Unlike getting a Traditional Loan from a Bank for the most part Total Merchant Resource’s could care a less what your Credit Score is or what you intend to do with the loan for that matter. TMR makes loans to Small Businesse’s and Franchisees mostly based on revenue being generated by credit card sales. If your a brand new start up company with no track record of creditcard sales, you may want to wait a few months until you have an established track record before you apply to TMR. The one main requirement to get a loan from Total Merchant Resource’s is having a minimum of $5,000.00 in credit card sales each month.