On March 27th, Total Merchant Resources CEO, Jason Reddish, appeared on CBS2 NY to discuss 401Ks and retirement accounts when faced with volatile markets due to political uncertainty.
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.
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.
Total Merchant Resources CEO, Jason Reddish, appeared on the Bert Baron show, 1450 Talk Radio WCTC. the topic: How To Manage Your Lottery Winnings.
This year, we saw the Powerball Jackpot hit over $1Billion. Jason talks about how taxes impact your winnings and what team (lawyer, accountant, and estate planner) you will need to make sure you have a plan to collect your winnings. Jason says you don’t have to run down and cash in the ticket right away. You have to organize your team first, so that you have a plan for the wealth you’ve now come into.
Jason recommends having a diversified plan with a focus on giving to charities to limit tax liability, like putting the money in tax-free municipal bonds, because – as he says, “equities, right now…they’re hurting.”
Bert Baron was kind enough to ask Jason about how Total Merchant Resources helps small business with financing for repairs, expansion, or other reasons that small businesses need financing, but cannot get from a traditional bank. And, Jason and Bert talked about how Total Merchant Resources appearance on Shark Tank put the concept of merchant cash advance “on the map.”
WWNN 1470 Palm Beach radio talk show host, Michael Blum, interviewed Total Merchant Resources CEO, Jason Reddish, on Monday, March 21, 2016 about TMR’s appearance on Shark Tank, as well as the Total Merchant Resources merchant cash advance and merchant services platform. Jason also shares his view on the question Blum poses about the perceived demise of the middle class in the United States and how Total Merchant Resources programs can assist workers transitioning into their own businesses with funding after they are in business for over 3 months.
If you’re looking to fund an expansion, temporary payroll needs, or to make a large, capital-intensive purchase, contact us now and we’ll work with you to get the funding you need.
Listen to Total Merchant Resources CEO, Jason Reddish, interview by 1490 AM News Radio KORN Morning Show host, Randall Dewitt, on the topic of how unemployment is forcing unemployed workers to consider entrepreneurship.
Jason discusses how the Total Merchant Resources merchant cash advance and credit card processing programs support new entrepreneurs transitioning from the traditional workforce to small business ownership with funding for expansion, repairs, capital expenditures, payroll, and other capital intensive needs outside of the traditional banking system, which can take up to 3 months for an answer.
If you are a new or existing small business owner seeking funding for improvements and other capital intensive needs, apply now and you’ll have an answer from Total Merchant Resources within 3 business days. Learn more about our merchant cash advance and merchant services programs.