Saving Money On Loan Interest

I have never been much of a spender, but when I started investing in real estate, I knew that I had found my calling. I was capable of turning a simple loan into a large return, and it was really fantastic to see my efforts pay off. Unfortunately, sometimes money was tight, and I found myself taking out loans to invest in new deals. However, I was able to learn a few tricks of the trade to save money on loan interest, such as limiting the payback timeline and perfecting my credit. This blog is all about saving you money on interest.

How To Winterize Your Outside ATM


If you own a few ATMs that you keep outside, or if you own an ATM that is located outside of your business, you'll want to winterize it before it starts to get really cold. The dampness and coldness of winter can damage your ATM, which is not good for business. Here are a few tips that will help you winterize your ATM.

Keep Your ATM Sheltered

The first thing you need to do is make sure that your ATM is sheltered and protected from the elements. You don't want water to get into your machine; it can easily get into the little gaps around the keypad on your ATM machine. 

If you don't have one already, invest in a kiosk to protect your ATM from direct exposure to rain and snow during the winter months. This will allow you to get more use out of your ATM and will make it more comfortable for customers to use, which will help your overall bottom line. 

Keep Your ATM Warm

Your ATM is a machine, and like most machines, it functions best when it is not freezing. In order for the components to work effectively, they need to be warm. 

Place a small electric heater in the kiosk where your ATM is located. If you can, set it up so that it cycles on and off every few hours. That will help keep the components in your ATM working effectively through the winter months. You don't want your ATM to break down when a customer is trying to use it; this precaution will help prevent that situation from happening.

Cycle Your Batteries

It is common for batteries to respond poorly to dramatic temperature drops. If your ATM uses a battery, you'll want to keep a few on hand. Cycle the batteries out on a weekly basis throughout the winter and recharge the batteries. This will help your batteries maintain their charge and will help keep your ATM working properly all winter long. 

Keep An Eye On The Weather

If a big storm is coming your way, take a few minutes to protect your ATM. If the weather is going to be particularly harsh, you may want to put your ATM out of service for a few days. You should also cover the ATM up with plastic to protect it from the elements. 

If you follow the steps above, your outside ATM should be able to make it through the winter months without breaking down. This will help you maintain a constant flow of business and will help you make a profit off your ATM. For more information, contact NCATM Associates LLC or a similar company.


27 May 2016