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About LM FUNDING AMERICA, INC.
LM Funding America, Inc. is a technology-based specialty finance company, which engages in the provision of funding to nonprofit community associations. The company is headquartered in Tampa, Florida and currently employs 8 full-time employees. The company went IPO on 2015-12-08. Its segments include Specialty Finance and Mining Operations. The company offers funding to nonprofit community associations (Associations) primarily located in the state of Florida. The company provides incorporated nonprofit community associations. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. In addition to its original product offering, the Company also purchase accounts on varying terms to suit each Association’s financial needs, including under its New Neighbor Guaranty program. Under New Neighbor Guaranty program, an Association assigns substantially all of its outstanding indebtedness and accruals on its delinquent units to the Company in exchange for payment of monthly dues on each delinquent unit.
Industry: Finance Services Peers: A-Mark Precious Metals, Inc. ACACIA RESEARCH CORP FlexShopper, Inc. Favo Capital, Inc. GWG Holdings, Inc. Sundance Strategies, Inc. Mill City Ventures III, Ltd