LMFA Profile
LM Funding America, Inc. operates as a specialty finance firm with a focus on providing financial solutions to nonprofit community associations primarily within Florida, and extending its services to Washington, Colorado, and Illinois. The company's core business involves purchasing delinquent accounts from these associations, specifically targeting unpaid assessments owed by members. By acquiring these rights, LM Funding America provides much-needed liquidity to associations, enabling them to address financial shortfalls and maintain operational stability.
The company structures its financing solutions to meet the unique needs of each association, offering tailored terms that address varying levels of delinquency and financial requirements. Among its innovative offerings is the New Neighbor Guaranty program, which is designed to support associations by managing accounts receivable and reducing the financial impact of delinquent payments. This program demonstrates LM Funding America’s commitment to flexible financial solutions that enhance the financial health of community associations.
In addition to its core financing services, LM Funding America engages in the broader specialty finance market by exploring various terms and agreements to purchase delinquent accounts. This approach not only helps associations recover outstanding assessments but also ensures that they have the resources needed to sustain their operations and services. The company's ability to tailor financial solutions reflects its deep understanding of the unique challenges faced by nonprofit community associations.
Founded in 2008 and headquartered in Tampa, Florida, LM Funding America has established itself as a key player in the specialty finance sector. Its strategic focus on nonprofit community associations and innovative financial solutions underscores its role in supporting these organizations through challenging financial situations. By leveraging its expertise in account management and delinquency resolution, LM Funding America continues to provide valuable support to community associations across its operational regions.
|
