What if you could put your money in the bank and get more than a measly 1 to 3 percent a year?
What if you could lend money to people and always get paid back the principle and interest?
WHY AN ATM BUSINESS IS GOOD
Operating an ATM business, in my opinion, is an overlooked yet time-tested and proven business. It is a hidden gem sitting right under our noses.
Users withdraw YOUR CASH from the machine, and at the same time, transfer the withdrawn amount PLUS SURCHARGE from their bank account back to yours. So essentially, you are lending them your cash so that they may freely use it as they wish; but at the same time, the principle + surcharge fee is secured from their account and transferred back to your account. This is all automated and you make money while freeing up your valuable time.
The stock market can yield great returns for investors, but can also come with great losses. Lending money comes with credit risks, and investing in startup companies comes with the possibility that the company fails.
So as an investor, lending money or partnering with an ATM business can give you a safer alternative than other investments. There are fewer moving parts in an ATM business, meaning there is a smaller chance of something going wrong. The cash either sits in a bank account or in the ATM machine, and while it is in the ATM machine it is insured.
You get a consistent return from the surcharge revenue with limited downside, but another awesome benefit is LIQUIDITY. Your cash is always accounted for and readily available. It is not tied up in a long-term asset or waiting for a pay back period. Your cash is put to work right away, collecting convenience fees from users while being cycled back and forth between the machine and the bank.
And as a business/store owner, an ATM machine can be installed at no cost to the business and draw extra foot traffic from customers looking to use an ATM. This extra foot traffic opens opportunities for more sales. Approximately 25% of funds taken out of an ATM are spent in the same location. You also provide an additional payment option for customers, and you also gain an additional source of passive revenue.
So, if you are a store owner without an ATM machine, or someone who is interested in making money - we would love to partner with you. If you have questions, let's continue this conversation: tom@montcapitalpartners.com