Total Merchant Resources Net Worth Shark Tank Update 2025

Jason and Val Pinkhasov entered Shark Tank with a concept aimed at assisting small businesses in securing funding. Their business is named Total Merchant Resources. They provide small enterprises with a method to obtain cash by taking a percentage of credit card transactions. This differs from typical loans since the business pays back the funds gradually as it generates sales.

The concept was to allow small enterprises to expand even when they lack the credit or capital for conventional loans. The business owners sought $200,000 for 20% ownership of their company. Will the entrepreneur get a deal on Shark Tank? Check out the Total Merchant Resources update to find out!  

Total Merchant Resources Net Worth Shark Tank Update 2025

Patrick McCray and Val DiFebo went on Shark Tank asking for $200,000 for 20 % of their company. This meant they thought their business was worth $1,000,000. They made a deal with Kevin O’Leary for $200,000 for 50 %, lowering the valuation to $400,000. The episode was aired on October 25, 2013. The business-funding and merchant-advance company remains active and continues to operate nationwide. Using the default 10 % yearly growth method, the current net worth of Total Merchant Resources is estimated to be around $2–3 million in 2025.

Jason and Val expanded their business following their appearance on Shark Tank. Nonetheless, the agreement they struck with Kevin O’Leary did not completely materialize. The company kept performing successfully. They continued to advance, and their business was appraised at $5 million in 2023. They have been in the news discussing their enterprise.

They have effectively assisted small businesses in their growth. Despite the agreement with Kevin O’Leary not materializing, they are still thriving. They have established a reputation in the business sector and continue to provide funding for small enterprises. Total Merchant Resources will remain operational in 2024. They have managed to grow and succeed even in the absence of the deal. 

Yes Jason and Val did get a deal on Shark Tank. Kevin O’Leary offered them $200,000 for 50% of the business. This was much higher than the 20% they were asking for. The entrepreneurs accepted the deal even though it meant giving away a lot of their company.

They were looking for funding to grow and this deal seemed like the best chance to take their business to the next level. However, the deal never closed. Despite that, they still managed to continue growing the business and achieving success in the years that followed.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Lori Greiner	Out	N/A	N/A
Daymond John	Out	N/A	N/A
Kevin O’Leary	$200,000 for 50% equity	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Total Merchant Resources Shark Tank pitch

Jason Reddish and Val Pinkhasov sought a method to assist small businesses struggling to obtain conventional loans. They were aware that numerous small enterprises found it difficult to obtain the financial support they required. Conventional loans frequently demanded strong credit ratings and extensive documentation. Numerous small companies lack that type of credit.

Jason and Val aimed to provide these businesses with an opportunity to expand. They established Total Merchant Resources to offer alternative funding solutions. They began providing cash advances to small enterprises in return for a portion of their future revenues. They additionally provided credit card processing services. In this manner, they were able to assist companies with the funds required and the resources to handle transactions.

Launching the business was challenging. They encountered numerous obstacles at the beginning. They needed to determine how to establish their services and ensure the business model was effective. They also needed to promote their message and locate clients. Numerous small enterprises were wary of accepting cash advances. They were unsure whether it was a beneficial arrangement for them.

Jason and Val needed to persuade business owners that their service stood apart from other financing alternatives. They devoted considerable time to clarifying how their system operated and how it could assist small businesses in expanding. It required significant effort, but gradually they developed a clientele and began to achieve success.       

As Jason and Val entered the Shark Tank, they felt assured about their business. They realized they possessed something that could assist small enterprises. They clarified that their firm offered a distinctive method for small enterprises to obtain financing. They didn’t provide conventional loans. Instead, they provided cash advances for merchants.

This indicated they would take a minor portion of the company’s credit card sales until the advance was settled. They additionally provided credit card processing solutions to assist companies in handling their sales. 

Their business model was crafted to assist small businesses that may not meet the criteria for other financing options. By providing the cash advance along with the processing service, they managed to generate revenue in two different ways. This strengthened their business model. The business owners requested $200,000 in return for 20% of their company. They stated that their business generated $346,000 last year, and they received $220,000 in distributions. 

Even with the compelling presentation, the sharks remained doubtful. A few of them expressed concerns regarding the dangers of the venture. They were concerned that small businesses could struggle to repay the advances promptly. Some were worried about the company’s reputation. They were reluctant to engage in a venture that might encounter issues with dissatisfied borrowers or regulatory authorities.

Ultimately, only Kevin O’Leary was prepared to present an offer. He proposed $200,000 for a 50% stake in the business, exceeding what the entrepreneurs had requested.      

The sharks inquired extensively about Total Merchant Resources and its operational methods. They were interested in how the company generated revenue and how it handled risk. The initial inquiry was posed by Lori Greiner. She was not fond of the business model and chose to decline the deal.

She mentioned that she couldn’t support the notion of deducting a percentage from credit card transactions. She thought it was overly risky and didn’t think it would succeed in the long run. 

Robert Herjavec also had concerns regarding the business model. He inquired about how small businesses might feasibly settle the advances within a year. He was concerned that the company could be assuming excessive risk by providing cash advances. He also believed that the venture was too risky for him to invest in and chose to decline. 

When Jason brought up the possibility of a 400% return within a year or two, Mark Cuban intervened. He voiced worries regarding the insufficient regulation in the merchant cash advance sector. He feared that unethical lenders might exploit small businesses and create difficulties. Mark believed that this could turn into a disadvantage for him and chose to decline. 

Daymond John declined the offer as well. He concurred with Mark and Robert that the venture was overly risky. He believed it was not the appropriate type of business for investment. This meant Kevin O’Leary was the sole shark keen on the deal. He recognized the opportunity for substantial profits and chose to propose $200,000 for a 50% stake in the business. The business owners consented to the agreement.        

Kevin O’Leary was the only shark to offer a deal. He offered $200,000 for 50% of the business. This was a much higher equity stake than the entrepreneurs were originally asking for. Jason and Val were hesitant at first. They wanted to keep more control of their company. But they knew that Kevin was offering the money they needed to grow their business.

After some negotiation, they agreed to the deal. However, the deal never went through. Despite this,s the entrepreneurs continued to grow their businesses. They didn’t need the shark’s money to succeed. They managed to build a strong business and attract customers on their own.        

What Went Wrong With Total Merchant Resources On Shark Tank?

The main reason why the sharks didn’t invest in Total Merchant Resources was the business model. Many of the sharks felt that offering merchant cash advances was too risky. They worried that small businesses might not be able to repay the advances in time. They also worried about the lack of regulation in the industry. This made them hesitant to invest in the business.

While Kevin O’Leary saw the potential for high returns he was the only one willing to take the risk. The other sharks didn’t think it was a good idea and decided not to invest. In the end, the entrepreneurs accepted Kevin’s offer but the deal was never finalized.    

Product Availability

Total Merchant Resources offers a unique service to small businesses. They provide merchant cash advances and credit card processing services. Their product is available to businesses that need funding but don’t qualify for traditional loans. The company’s website is where businesses can learn more about the services and apply for financing.

They work with small businesses across the country and continue to grow their customer base. The pricing for their services varies depending on the business’s needs. Total Merchant Resources is an online company and does not have physical stores. The product is available for purchase through their website.

Conclusion

Total Merchant Resources went through many challenges on Shark Tank. While they did get a deal with Kevin O’Leary it was never finalized. Despite this, the business continues to grow and is still successful. They’ve built a strong brand and continue to help small businesses get the funding they need.