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ATM Business

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Hi everyone! I’m in the very beginning stages of forming an LLC for my ATM business and thought I’d post here with a few of my questions.

I’m interested in offering a check/cash deposit feature on my ATMs yet am having trouble finding machines where that’s possible; causing me to think that is only a feature bank ATMs offer. Are there any models of (independent/nonbank) ATMs which offer a check/cash deposit feature?

For those of you that didn’t have enough liquid cash to start your ATM business, what was your experience taking out an FBA loan? Loan terms? What did it take to qualify?

In general, which is more lucrative: a travel/event ATM business or a stationary ATM business? I suppose you can do both by having a handful of machines which are located in establishments and a few others that you pitch to event planners.

Also open to any other tips and resources as I continue my research. Thanks!

submitted by /u/Low_Cod7181
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