LM Funding America Inc (LMFA) Quote

LM Funding America, Inc. is a cryptocurrency mining and technology-based specialty finance company. The Company 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 incorpora... LM Funding America, Inc. is a cryptocurrency mining and technology-based specialty finance company. The Company 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 incorporated nonprofit community associations (Associations), a range of financial products customized to each Association's financial needs. 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. It offers New Neighbor Guaranty program, wherein an Association generally 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. The Company focuses on to acquire, locate, electrify, and commence mining of Bitcoin. Show more