LM FUNDING, LLC
TAMPA, FLORIDA

Formed in January 2008, LM Funding is a financial services company that purchases delinquent accounts from community associations. We offer community associations a variety of financial products customized to an association’s financial needs. We believe that condo associations and their owners shouldn’t have to take on the financial responsibility of delinquency and the hassle of collection. That’s why we “buy problems.” Before LM Funding, condo association owners would have to hire attorneys to collect bad debt. We’re changing that, with a unique business idea that turns debt into instant cash—freeing condo associations from the burden of collection and allowing them to continue to maintain their operations. LM Funding’s accumulated delinquent assessment balance is now in excess of $150 million. That is a lot of problems that we’ve bought, and we want more! It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want. It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want. Over the past several years when the first contract was signed with LM Funding in reference to the many foreclosed units at Itopia Private Residences the program was extremely beneficial to our community. The community received income through the program and was able to continue maintaining the property. As time went by, LM Funding came up with another program that was even better for our community given that several of the foreclosed units had been purchased. The community has gained immensely from our partnership with LM Funding and we feel very fortunate to continue with you to this day. There are many collection companies around but I have found LM Funding to be a pleasure to work with. LM Funding is unique in the different products they offer to the Associations. There is certainly one to fit everyone’s needs. LM Funding has a diligent, friendly office staff which makes solving issues quick and easy. I like and appreciate the fact that they always strive to make things right on each account and are quick to resolve any issues. Business Law Group (BLG) and LM Funding work closely together and when questions arise from a payout on a unit owner, BLG will answer all questions thoroughly. Together LMF and BLG offer experienced professionalism and great assistance to help Associations with their delinquent homeowner issues © 2018 LM Funding, Inc.. All Rights Reserved.