LM Funding, LLC
Capital for Condo Associations
Do I need LM Funding?
If your Condo Association can answer “YES” to any of the below questions, your Association needs LM Funding:
- Does your Association have a delinquent assessment balance over $25,000, and more then 5 unit’s owners delinquent on a condo assessment payment?
- Does your Association have any difficulty paying bills on time, or keeping up with its expense budget?
- Is your Association experiencing an increasing amount of delinquent assessments?
- Are sales and re-sales in your condominium suffering because buyers fear unoccupied units will lead to delinquent assessments which will require the Association to levy special assessments or loss of amenities?
- Are the condo owners that pay assessments aware of non-paying unit owners?
- Is your condo Association spending, or is it at risk to spend money on legal expenses in pursuit of collecting delinquent assessments?
LM Funding can address all of the items above…and much more! There are no catches, LM Funding is a free insurance policy that costs an Association nothing to sign up and it’s an immediate benefit in managing collections going forward.
