Total Merchant Resources Obtains California Lending License

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Piscataway, N.J. – October 17th 2016Total Merchant Resources, a Piscataway based business funder and a veteran in the merchant cash advance space, has obtained their 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,” says Jason Reddish

“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, who 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 contact Gary Lane, Director of Business Development at (212) 220-9872.

Last modified: October 18, 2016

Category: Industry News

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