LM Funding America (NASDAQ: LMFA) operates as a specialty finance company that provides funding to nonprofit community associations primarily located in the state of Florida, as well as in the states of Washington, Colorado and Illinois. The company offers funding to associations by purchasing their rights under delinquent accounts that are selected by the associations arising from unpaid association assessments. It is also involved in the business of purchasing delinquent accounts on various terms tailored to suit each association’s financial needs, including under its New Neighbor Guaranty program. For more information, visit the company’s website at www.lmfunding.com.
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