Posts Tagged ‘atm company’

We can be your vault cash ATM provider for as little as .75 per transaction

The key to growing in the atm business is simply CASH FLOW! Without it, you will be stuck with assets that you can not fill with cash.  Making things worse is the inability to have access to vault cash within the atm business. That leaves many companies to only deal in local markets (to cut down on costs). Furthermore, it doesn’t allow you to grow.

One way to continue the growth is to use companies that offer vault cash services. Here’s an example:

You have an atm location that does 250 transactions a month @ $2 surcharge ($500). You pay the store owner .50 transaction ($125). Assume your buyrate is .10 and you get .30 ($75) on the backend (hopefully you are getting at least this amount, if not contact me asap so I can slap you! After that I can point you in the proper direction)

So from our example above you have a profit of $450. Now depending on your cash flow situation, you are either using your own money or borrowing it at an interest rate.  Throw in time, commute costs, or even armor car costs, your profits are dwindling.  Additionally, and more importantly, this is hindering your growth.

What if I told you we have a close relationship with an atm company that would charge you .75-$1.00 per transaction to handle your entire cash vault operation? This will dramatically increase your cash flow and allow to scale your growth as you reposition your portfolio. Minimum transaction count is 150 transactions a month in order to qualify. You can always read our Sell your atm portfolio blog.

Contact the author: ATM Business Author

Strong Relationships Win – ATM Owner and Store Owner

In many cut throat markets such as Manhattan, there will always be another atm company that will promise to give the store owner a higher cut. This of course can squeeze the atm owner. Many times, regardless how good you think your contract is, there generally is a gray area that the store owner will be able to get out of it. Even if he can not, the legal headache involved may not be worth it for many atm companies.

This brings me to a very important point that is generally overlooked. The key aspect to Keeping and GROWING your atm business is the ability to keep a strong relationship with the store. If that store owner has your trust, and believes in you, there is a great chance that he would not leave you to get a different provider.

With that strong relationship, comes the ability to cross sell him additional products. The easiest part here is credit card processing.. Once he has trust in you, you can get him to convert is credit card processing to you as well. Now its not how much can you make per atm, its how much can you make per location as a whole.

If you are using your own funds within the atm machines, there are many Short Term Cash Loans that can benefit you.

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