The 56-year old, International Franchise Association will launch a new workshop: Emerging Franchisor Bootcamp at the #IFA2017 Annual Convention in Las Vegas. This half-day boot-camp is open to the first 150 franchisors controlling 100 units or less on February 1, 2017 from 1:30 p.m. to 4:30 p.m.
Dec 2, 2016 / Piscataway, NJ – An old name in the industry is now a new kid on the block with wholesale. Total Merchant Resources in Piscataway, NJ announced today that it is finished with a first round of funding and has secured $20 million in private equity. This new designation allows TMR to quickly and easily service ISO’s from coast to coast via its wholesale funding division, TMRNOW.
“We are thrilled to open our very successful funding platform to the entire industry. In addition, TMR is now perfectly positioned to do business in California since we are one of the few in this space to obtain a California lending license.” said TMR Co-Founder and CEO Jason Reddish.
Reddish and co-founder Val Pinkhasov, who were featured on CNBC’s ‘Shark Tank’, were among the very first business lenders to enter this space. They are a respected name in the industry and, thanks to their major prime time TV appearance, have brought attention to this underutilized model for businesses to obtain working capital.
“Funding on the retail side all these years, we understand where funders have failed in the past and being that our money is completely private, we have no one to answer to in regards to underwriting. We create our own programs and common sense pricing. We look forward to being a name that ISO’s can trust on every level and making common sense, in house decisions” says Val Pinkhasov President of TMR.
Both Reddish and Pinkhasov have several decades of finance experience and have helped thousands of businesses achieve their goals. They are now excited, in a properly regulated fashion, to do so in on the wholesale side. Please visit TMRNOW.COM for more information.
For more information call Gary Lane +1 (212) 220-9872.
At Total Merchant Resources, when you grow, we grow. We love providing insight, information, and resources to help you with your small business. One of the key factors we believe drives small business growth is the free sharing of information; knowledge is the best asset we have to make decisions about how to grow our small businesses.
These five articles provide information about how your small business may be affected by the 2016 Presidential Election and its outcome.
2. Small Business Owners Can Expect Policy Changes Under Trump (Chicago Tribune).
3. How a Trump President will Affect Small Business (Black Enterprise)
4. Small Businesses Can Expect Policy Changes Under Trump (ABC News)
5. Trump and Small Business (VIDEO – CNBC/Yahoo Business)
If you’re a small business seeking funding for any reason, you can apply today for working capital between $5k and $500k for improvements and repairs, short-term payroll needs, or any other reason.To qualify, your small business should be in business over 3-months and have over $100k in revenue.
Note: From time to time, Total Merchant Resources posts information and resources to this blog for #smallbusiness owners. We do not take any position for or against the content of these articles.
We are excited to announce we have received our California Lending License to capitalize on providing businesses with working capital in the Nation’s most populous state. This new designation allows TMR to quickly and easily extend money to small and medium sized business throughout the Golden State.
“With more regulation and licensing requirements in the future we are delighted to be ahead of the curve. We are thrilled to have access to this very important market. In addition, TMR is now perfectly positioned to do business in California as we await the imminent and necessary regulation of the industry,” said TMR Co-Founder and CEO Jason Reddish.
Reddish and co-founder and CFO, Val Pinkhasov, were recently featured on CNBC’s ‘Shark Tank’, were among the very first business lenders to enter this space. They are a respected name in the industry and thanks to their major prime time TV appearance, have brought attention to this underutilized model for businesses to obtain working capital.
For more information on Total Merchant Resources Business Financial Solutions providing access to capital to small and medium sized business, please contact Gary Lane, Director of Business Development at (212) 220-9872.
Total Merchant Resources co-founders, Jason Reddish and Val Pinkhasov were interviewed by Small Business Now. Watch the video above as Jason and Val explain the benefits of small businesses in need of immediate working capital to fuel growth, expand operations, or make pressing repairs due to floods, fire, or other mishaps.
Need funding today? Apply now with our Quick App on this page to the right in the sidebar. You’ll get an answer in 24-48 hours.
Total Merchant Resources CEO, Jason Reddish, was interviewed by FIOS1 TV about what Wells Fargo customers affected by improper account opening by Wells Fargo employees to meet sales targets are going to need to do to ensure their credit is not affected by the scandal.
“It was an unauthorized account that was open,” said Reddish. “So, technically it should affect the person’s credit. The problem is proving that…and proving that with the credit bureau is going to be very tedious and could take some time.”
Jason was asked how the $180M fine (currently the largest fine the Consumer Financial Protection Bureau has levied against a financial institution) would affect Wells Fargo.
“It’s a slap on the wrist,” he said. “It’s like Goldman Sachs a couple of months ago. They pay money and they move on.”
Read the full story and watch the video here.
Total Merchant Resources CEO, Jason Reddish, appeared this week on the New Jersey Broadcaster Hall of Fame inductee, Bert Baron’s show on 1450 WCTC heard throughout central New Jersey. Bert and Jason discussed the impact of Brexit on global markets.
At Total Merchant Resources, we love to share information with our clients to support their small businesses. Sure, we provide funding for small business through our merchant cash advance loan program, which certainly helps our clients advance their business goals. But, running a business is not just about obtaining capital to build and grow your business. You can apply today for money to expand operations, make repairs, and meet payroll, but you all also need to keep up to date with the latest advancements in technology, customer relationship management, and employee retention. In today’s competitive business climate, we need to make informed businesses decisions. The decisions we make ultimately translate into sales.
Remember, as you grow, we grow!
We found these five articles online that touch on various aspects of small business and entrepreneurship. We hope these resources help you to reach new customers and support current customers, vendors, and employees. Just click on the link to go to the website for each article.
- Why Your Brand Needs Instagram – Is your brand on Instagram? Do you use video to tell stories about your small business? Instagram is a neat way to engage with your customers. Toni Nelson writes about how to use Instagram for your small business on She Owns It, a blog targeted women entrepreneurs and small business owners.
- Nonprofit Group Launches Loan Comparison Tools — Including APR Calculators — For Small Businesses – Forbes columnist, Amy Feldman, covers the nonprofit, Opportunity Financial Network, and its launch of Venturize.org, a platform for small business owners to understand and compare loans, merchant cash advance, and other forms of small business financing.
- KFC is making massive changes to speed up service – Business Insider reports on what KFC is doing to improve the speed of customer orders by making investments in mobile technology.
- Email Marketing: There’s a Good Chance You’re Doing It Wrong – Entrepreneur.com contributor, Tony Delmarco, shines a light on effective the Dos and Dont’s of effective email marketing.
- Total Merchant Resources CEO, Jason Reddish, interview by Real Estate Investor, Brian Stark on Stark Group Radio – Our CEO called into the popular real estate investor show to discuss the options small business owners have in financing their business today. Whether through Total Merchant Resources merchant cash advance program or other lending instruments, Jason and Brian talk investment strategies and capital funding programs.
Total Merchant Resources CEO, Jason Reddish, was interviewed by real estate investor, Brian Stark of the Stark Group, on WERE News Talk Radio 1490-AM in Cleveland, OH. Listen to the interview and hear Jason talk about lending to and funding small business, TMR’s appearance on Shark Tank, and Brian taps into Jason’s mortgage industry experience to offer real estate funding suggestions to the show’s listeners.
Jason talks alternative lending for real estate investors who are rehabbing houses and flipping them. While TMR funds small businesses, these types loans are better handled by small banks in local markets.
I don’t want to be a technology company, I want to be the old school relationship business when you went in on a Saturday and you said, this is what I did with my business. And the deals made on the golf course…you shake hands.
Brian Stark asked Jason, the following questions:
What are three things business can do in the next 90 days to make their business more attractive to a lender like Total Merchant Resources.
- Be in business for 3 months.
- Make sure you’re depositing at least $10,000 a month.
- Keep current with your landlord. We do a landlord verification. If there is risk the business will lose their lease, it’s a concern.
Jason also reminded listeners, with Total Merchant Resources, there are no monthly payments. He said, “The way we get repaid…is we take a percentage of the business deposits. We score that business based on repayment or the time of repayment.”
“We have prepayment incentives. If you pay us back sooner, we’ll give you a cheaper payoff,” Jason said. He continues, “We look at your deposits and your cash flow. The most important thing, we don’t want to put your out of business to get paid back.”
Brian asked, what are three things business can do to grow their deposits in the next 90 days.
- When you’re building your business, you have to make a living. But you also have to reinvest into your own business with your capital. You have to prioritize your business first.
- You have to go with the times. If you don’t change with change, you’re going to get changed inevitably. You have to get savvy with computers. You have to learn the Internet. And, you have to watch your expenses. I’ve seen businesses go under, because the business hired someone who blew out their marketing budget. You have to get savvy online to market your business.
- Call Total Merchant Resources at (855)-ASK-TMRE to get funding to grow your business.
Are you a small business owner seeking funding for your small business? Contact us today and one of our account managers will work with you to assess your business and get you funded in 24-48 hours.
Two years after their appearance on the popular TV show, Shark Tank, Kerry Lutz of the Financial Survival Network interviews our CEO, Jason Reddish, two-years after Jason and Val appeared on Shark Tank. Jason talks about lessons learned, how business increased 500%, and how their experience on Shark Tank and their dealings with all the Shark’s shaped the days, months, and now years after the show.
Total Merchant Resources supplies working capital to small business for any reason. Fill out our quick app in the sidebar of this page and get a preliminary approval in 24-48 hours, or contact us by clicking the orange box below on your mobile phone to speed dial our office and an account manager will qualify you and get you the capital you need fast.