In hard times caused by COVID-19 financial services providing companies are needed as air for breathing. As community associations are facing small crimes on their neighborhoods LM Funding America could help them to overcome this burden when essential payments (of electricity, water, cell phone, gas) are not paid as the recession hit the job market.
NASDAQ: LMFA might grow higher due to this kind of situation. Bad debts will melt like butter on hot bread if revised steps are taken to avoid risks for both parties. Its penny stock may easily become $10 soon while the economy recovers slowly by small percentages being far from bubbles like printing and injecting Fed funds into the half-dead financial sector.