We now have two sources for ATM financing and leasing. With our current leasing company they require being in business for at least two years and have good credit to qualify. With our finance company they do not require the two years. We will handle all of the paperwork and will not mark up the cost of the equipment. As a result of no excessive markup, you get lower payments.
We offer an ATM leasing program through VendLease with approved credit to businesses that have been in business at least two years. Our ATM leasing program includes up to two years parts warranty from the manufacturer. We offer the same labor warranty for local customers at our cost so you do not have to worry about getting hit with labor charges that other companies may and can charge. ATM manufactures no longer pay any labor on warranty work. Extended labor warranties are available to cover any service calls or software upgrades necessary.
With our new financing company you can finance 10 or 100’s of ATM’s. The longer in business and the better the credit determines what your rate will be. With CIT we have been able to help our customers grow their business faster and pretty much not having to invest thousands all at one time.
With two options of financing for growing your business, we have the ability to help our customers increase the value of their company while they make payments covered by surcharge revenue that the ATM locations make every day. The result of having options for growing your business without a large cash outlay is something that every growing business needs.
Below is a representation of what lease would look like based on the expenditure of $2,500.00 installed for the purchase of an ATM. We work with the leasing company to get your lease payments where you need them. If your surcharge is $2.50 and you have 100 surcharged transactions per month, you will make the payments easily plus a profit. With a lease you have low up front expenses and can have the ATM machine paid for while still in warranty. When the lease runs out there is no reason to upgrade to a new ATM unless you want to. This following is only an example.
|Number of payments:||12+1||24 months||36 months||48 months|
End of Lease Options:
- $1.00 Buy Out
- Upgrade lease with new equipment
- Return the equipment
ATM’s America, a division of Jeffers Holdings LLC is a member of the National ATM Council