Expert: Mark Hanke - 11/18/2010

Question
Where does the money come from that is recieved by consumers.

Answer
Hi -

That is a great question for anyone interested in starting an ATM business.

Our company, Franklin ATM Service, has helped almost 4000 people start their own independent ATM businesses.

There are typically two ways that the vault cash in the ATM is funded:
1) Personal funds:
Most of the ATM owners use their own personal funds as a starting point for their business. Plan on a cash load amount between $1000-$3000 per week. The exact amount depends on the ATM activity level. If

2) Armored Service:
We can arrange armored service to load cash into an ATM for the ATM owner. This will essentially create a "passive" ATM business.
Consider the following:
1) The ATM Owner purchases an ATM
2) A technician installs and programs the ATM
3) An armored service company loads the ATM with cash
4) ATM surcharge income is deposited electronically into the ATM owner's bank account
5) Armored service keeps loading and maintaining the ATM

If you are interested in learning about the independent ATM business, consider reading our ATM BUSINESS OWNER GUIDEBOOK. You can download a copy on our website: http://franklinatm.com

Mark Hanke
Franklin ATM Service