LM FUNDING, LLC
TAMPA, FLORIDA

Founded in January 2008, LM Funding, LLC is a financial services firm based in Tampa, Florida, specializing in purchasing delinquent accounts from community associations. Offering bespoke financial solutions tailored to the unique needs of these associations, LM Funding alleviates the burden of debt collection by buying outstanding obligations, thereby providing immediate liquidity to manage their operations. LM Funding's innovative approach, encapsulated by its motto 'We buy problems,' relieves condo associations and homeowners of the complexities associated with collecting bad debts. Traditionally, such tasks involved legal expenses; however, LM Funding circumvents these costs, transforming delinquent dues into instant financial resources without any further liability for the association. With a portfolio exceeding $150 million in acquired delinquent assessments, LM Funding aims to continue expanding its support for community associations. The company's unique programs exemplify their commitment and have proven especially effective for communities dealing with foreclosures — as was evidenced at Itopia Private Residences. By providing ongoing revenue, LM Funding ensures these communities receive the necessary funds to maintain property standards. Their varied product offerings cater to diverse association needs, supported by a responsive and competent office staff that promptly resolves issues. Beyond their financial solutions, LM Funding works in close collaboration with partners such as Business Law Group (BLG) to offer comprehensive professional services for tackling delinquent homeowner matters. This partnership underscores the company's dedication to offering reliable support and enhancing the operational efficiency of community associations. LM Funding, LLC operates under the filing number L08000004600 and is a registered Florida Limited Liability Company, with its incorporation taking place on January 14, 2008. The headquarters are located at 1200 W. Platt Street, Suite 100, Tampa, FL. For inquiries, stakeholders can reach them via phone at (866) 235-5001 or visit their website at lmfunding.com. Key personnel include LM Funding America, Inc., serving as Manager alongside Richard Russell.