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LMFA

1.73000 USD
0.02
1.17%
Last update May 20, 3:59 PM EDT
Market closed
Day range
1.65000
1.75900
Previous close
1.71000
Open
1.72000
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Lm Funding America Inc.
1.73
0.02
1.17%

Overview

Description

Lm Funding America Inc. is a specialty finance company that provides funding solutions primarily targeted at community associations. Its primary function is to offer financial assistance to neighborhood associations that manage condominium and homeowners' properties, enabling them to successfully navigate collection challenges. These solutions include offering cash and services in exchange for an assignment of the association's rights to collect delinquent accounts. Lm Funding America Inc. impacts the real estate and financial services sectors, particularly by addressing financial gaps that may arise due to unpaid assessments. This helps maintain the financial stability and operational efficiency of community associations. By providing these essential services, Lm Funding America plays a critical role in ensuring community associations can uphold their responsibilities and meet their financial obligations without the immediate pressure of delinquency challenges. The company underscores the importance of liquidity management within niche markets, underscoring the specialized nature of its financial offerings in the broader finance industry.

About

CEO
Mr. Bruce Martin Rodgers Esq.
Employees
9
Address
1200 Platt Street
Suite 1000
Tampa, 33602, FL
United States
Phone
813-222-8996
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
United States
MIC code
XNCM
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