LM Funding America, Inc.: LM Funding Announces Purchase of Loan Receivables
LM Funding America, Inc.: LM Funding Announces Purchase of Loan Receivables TAMPA, FL / ACCESSWIRE / December 21, 2020 / LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or "LMFA"), a technology-based specialty finance company, today announced that it has entered into a Master Loan Receivable Purchase and Assignment Agreement under which LMFA will purchase, through a wholly owned subsidiary, up to approximately $18 million in the aggregate of loan receivables of Borqs Technologies, Inc. (BRQS) ("Borqs") from Borqs' senior lender. As a part of the transaction, LMFA has entered into a Settl...
Source: finanznachrichten.de