How to start an atm business with no money?

How to start an atm business with no money?

How to start an atm business with no money?



Starting an ATM business with no money may seem like a daunting task, but with the right strategies and planning, it is possible to enter this lucrative industry without a significant upfront investment. This article will explore various approaches and steps to help you kickstart your ATM business even if you have limited financial resources.

1. Research and Planning

Before diving into the ATM business, it is crucial to conduct thorough research and develop a comprehensive business plan. This will help you understand the market, identify potential locations, and outline your goals and strategies. Consider factors such as target demographics, competition, and regulatory requirements.

2. Partnership with ATM Providers

One way to start an ATM business without money is by partnering with ATM providers. These providers may offer programs where they supply the ATM machine, handle maintenance, and even share a portion of the surcharge revenue with you. In such arrangements, you can earn a passive income without the need for upfront capital.

3. Securing Locations

Finding suitable locations for your ATMs is crucial for success. Approach local businesses, such as convenience stores, gas stations, or retail shops, and propose the idea of installing an ATM on their premises. Highlight the benefits, such as increased foot traffic and potential additional revenue for the business owner. Negotiate revenue-sharing agreements or offer a fixed monthly fee to the location owner.

4. Negotiating with Financial Institutions

Another option to start an ATM business with no money is by partnering with financial institutions. Some banks or credit unions may be willing to provide the initial capital for purchasing the ATM machine in exchange for branding or marketing opportunities. This can be a win-win situation as it allows the financial institution to expand its ATM network while providing you with the necessary funds.

5. Crowdfunding

Consider utilizing crowdfunding platforms to raise funds for your ATM business. Craft a compelling campaign that highlights the potential returns on investment and the benefits of investing in the ATM industry. Offer rewards or incentives to attract investors, such as a percentage of the surcharge revenue or exclusive access to future investment opportunities.

6. Lease or Rent ATM Machines

If purchasing an ATM machine is not feasible due to financial constraints, consider leasing or renting machines from ATM providers. This allows you to start your business without a significant upfront investment. However, it’s important to carefully review the terms and conditions of the lease agreement, including any associated fees and maintenance responsibilities.


Starting an ATM business with no money requires creativity, strategic partnerships, and thorough planning. By leveraging partnerships with ATM providers, financial institutions, or crowdfunding platforms, and exploring options like leasing or renting machines, it is possible to enter the ATM industry without a substantial initial investment. Remember to conduct thorough research, secure suitable locations, and develop a solid business plan to increase your chances of success.


– Entrepreneur:
– Small Business Administration:
– Investopedia:
– Crowdfunding Platforms:,