LM Funding America, Inc. is a cryptocurrency mining and technology 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 non-profit community associations (associations) a range of financial products tailored to each association’s financial needs. Its original product offering is to provide funding to associations by purchasing their rights to delinquent accounts which are selected by associations and which arise from the association’s unpaid assessments. It offers the New Neighbor Guaranty program, under which an association typically assigns substantially all of its outstanding debt and accrued liabilities on its overdue units to the company, in exchange for payment of monthly dues on each late payment unit. The company is focused on acquiring, locating, electrifying and mining Bitcoin.
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2023-08-14 15:00:00
#Transcript #Funding #America #Earnings #Call #Aug
