TEAM & EXPERTISE
CJ McMahon
Founder and CEO
Mike Anderson
Co-Founder and COO
Katherine Bernard
Director of Operations
Mike Poglese
Head of Location Acquisition
Ashley Gilchrist
Controller
Tom Pacheco
Systems & Automation Specialist
Denesse Longoria
Location Acquisition Specialist
Brenden Boudin
Location Acquisition Specialist
Hamlet Mota
Cash Management Coordinator
Emil Kirubaharan
Fulfillment Manager
Jordan Folgers
Chief Revenue Officer
FAQ
How does an ATM Business work?
When you own an Automated Teller Machine (ATM), you earn revenue every time someone uses it to withdraw cash. Each transaction incurs a service charge, which you collect. The withdrawn amount, along with the service charge, is credited to your business bank account daily.
Consider it like this: you're essentially a private financial facilitator for the masses. You offer your own money for customers to access, and they pay a fee for this privilege. The principal amount they take is returned to your account, plus the fee. Instead of your funds lying dormant in a savings account, they're continuously earning for you. This is the beauty of PASSIVE cash flow.
What Makes ATMInvestors Different?
We are the only service provider in the United States that can build ATM businesses of up to 200 units at a time within 48 states. Our portfolio of over 3000 units nationwide allows us to run rigorous data projects to predictably layout financial projections.
Aren’t we moving to a Cashless society?
“The environmental factors were almost completely there for cash to go away, and it didn't,” said O’Brien, lead analyst in the Federal Reserve's FedCash Service. “Our conclusion was that people who are using cash just really want to use it, or they really need to use it.”
O’Brien noted cash use is a necessity for many “unbanked” – a generally lower-income group that does not have checking, savings, or other bank accounts. He added cash is seen as safe during a crisis, when people are worried financial institutions or payment infrastructures will go offline or won’t be available to facilitate transactions.
During the pandemic, average cash holdings per consumer soared from $241 in 2019 to $418 in 2022.
Cash use remaining constant in the past 3 years shows that cash may have already experienced it’s “floor”.
How much can I make with ATMs?
How do I start?
Book a call with our team so we can walk you through the process, and you’ll have your first ATM placed within 30 days.