LM Enterprises
LM Enterprises LLC (LMP) is a Lafayette, Louisiana-based payment processing company that delivers merchant services, POS systems, and payment gateways to healthcare providers, B2B companies, and SMBs across multiple U.S. verticals.
- Company typePrivate
- Founded2016
- HeadquartersLafayette, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What LM Enterprises does
LM Enterprises LLC, doing business as LMP, is a payment processing company headquartered in Lafayette, Louisiana. The company delivers merchant services with a specialized focus on healthcare providers and B2B companies. Core offerings include HIPAA/PCI-compliant healthcare payment processing, B2B credit card processing with Level II/III data optimization, e-commerce gateway solutions, secure merchant processing with next-day funding, POS systems, virtual terminals, and EDGE Processing for dual pricing (card vs. cash). The technical stack comprises a payment gateway that bridges POS and e-commerce systems to the processing platform, a web-based virtual terminal, AI-driven real-time fraud detection, AES-256/RSA encryption, blockchain-based transaction records, multi-currency support, and APIs for third-party integration.
The company is led by founder and CEO Leslie Sandlin, who has over 10 years of merchant services experience. LMP operates as a privately held, founder-owned LLC with no disclosed external institutional funding, no parent organization, and no subsidiaries. Revenue is generated primarily through transaction-based fees (interchange and processing fees on payment volume), gateway and technology service fees, and recurring POS system fees. Pricing is custom and quote-based, determined during sales consultations on a monthly billing cadence. The go-to-market is sales-led and relationship-driven: direct enterprise field sales targeting healthcare practices and B2B companies, an inside-sales motion using Calendly for 15-minute introductory calls, and a website-based digital self-serve channel for smaller merchants. Marketing channels are limited to organic social (Facebook, Instagram, LinkedIn, X), Calendly scheduling, FAQ content, and BBB accreditation as a trust signal.
Customer segments include healthcare providers as the primary vertical (hospitals, clinics, medical, dental, vision, mental health, rehabilitation, long-term care), B2B companies as the second primary vertical, plus e-commerce businesses, retail and hospitality, and several other verticals (consumer/retail, energy, gaming/leisure, industrial services, manufacturing, real estate, software/IT). The compliance posture spans PCI DSS, HIPAA, and GDPR alignment, with AES-256/RSA encryption and AI-driven fraud detection supporting the security narrative. Documented customer testimonials indicate 8+ year SMB client relationships, suggesting meaningful retention but offering limited visibility into revenue concentration, processing volume, or growth velocity.
LM Enterprises firmographics
Firmographics- Name
- LM Enterprises
- Legal name
- LM Enterprises LLC
- Website
- https://lmprises.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- LM Enterprises LLC (LMP) is a Lafayette, Louisiana-based payment processing company that delivers merchant services, POS systems, and payment gateways to healthcare providers, B2B companies, and SMBs across multiple U.S. verticals.
- Ownership category
- akta.pro rank
LM Enterprises industry classification
Industry- Product category
- Merchant Payment Processing Services
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Patient Billing, Statements & Payment Processing (HLACACAG)
Keywords
Where LM Enterprises is headquartered
LocationHeadquarters
- HQ city
- Lafayette
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LM Enterprises business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Revenue model
- Merchant Services and Payment Processing: Transaction-based fees from payment processing services including credit/debit card processing, ACH payments, and digital payment acceptance. Revenue generated from interchange fees, transaction charges, and merchant account services.
- Gateway and Technology Services: Fees from providing payment gateway solutions, virtual terminals, and e-commerce integrations for merchants
- POS System Services: Point of Sale system solutions for retail, hospitality, and specialty businesses including setup and ongoing service fees
- B2B Payment Processing: Specialized B2B credit card processing with Level II/III data optimization for business transactions, corporate cards, and government payments
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom enterprise pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
LM Enterprises product offering
Product offeringCore offering
LM Enterprises (LMP) is a merchant payment processing services provider that sets up merchant accounts, processes credit/debit card and ACH transactions, and supplies payment gateways, virtual terminals, and point-of-sale (POS) systems. The firm specializes in healthcare (HIPAA-compliant) and B2B (Level II/III optimized) payment processing, and offers value-added features such as dual pricing (EDGE Processing), text-to-pay, email payment links, and next-day funding.
Product overview
LMP (LM Enterprises) is a unified payment processing platform offering multiple integrated services. The core offering is merchant/payment processing (Secure Payment/Merchant Processing), supplemented by specialized vertical solutions for healthcare and B2B sectors. Additional products include E-Commerce Gateways Solutions with Virtual Terminal, Point of Sale (POS) systems, and EDGE Processing for dual pricing. The platform supports credit/debit cards, ACH, NFC payments (Apple Pay, Samsung Pay), checks, gift cards, and B2B Level II/III data discounts, all connected through payment gateway technology.
Differentiator
Problem solved
Functional benefit
Products and services
- Healthcare Payment Processing
Quantifiable outcome
- Significantly reduces operating costs by allowing cardholders to cover processing fees
- +3 more outcomes
Companies that use LM Enterprises
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
LM Enterprises technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature10 records
LM Enterprises partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Trusted Industry-Leading Companiesnot specifiedLMP partners with trusted, industry-leading companies to provide reliable, modern solutions for everyday business challenges. No specific partner names were disclosed.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
LM Enterprises competitors and assessment
Company assessmentBroad incumbents
- PayPal: Diversified payments provider spanning merchant services, gateway, POS, and B2B invoicing (PayPal Business, Zettle). Directly competes with LMP's merchant processing and POS lines and benefits from superior brand recognition and scale.
- Fiserv (Clover): Large-scale payments processor whose Clover POS platform competes directly with LMP's POS offering. Also serves healthcare and B2B merchants with integrated payment processing and gateway capabilities.
- Square (Block): Block-owned payments platform offering merchant services, POS, and online payment acceptance to SMBs across verticals including healthcare and B2B. Overlaps with LMP's core merchant processing and POS offerings but operates at vastly larger scale.
- Stripe: Global online payment processing platform serving B2B and e-commerce merchants with gateway, virtual terminal, and Level II/III data optimization. Competes with LMP's e-commerce and B2B payment processing lines via a developer-led, self-serve model.
Direct peers
- Toast: Vertically specialized POS and payments platform serving restaurants and hospitality. While not healthcare-focused, Toast competes with LMP's POS and merchant processing in the retail/hospitality segment LMP also serves.
- Rectangle Health: Healthcare-specialized payment processing and patient engagement platform offering HIPAA-compliant card processing, patient financing, and digital billing — directly comparable to LMP's healthcare payment processing vertical.
- Paymentus: Bill payment and electronic payment processing provider focused on utilities, healthcare, and government — overlaps with LMP's B2B/B2G and healthcare payment processing offerings via an integrated platform model.
- HealthPay24: Patient billing and payment platform purpose-built for hospitals and medical practices with HIPAA-compliant processing. Competes with LMP's healthcare vertical from a software-first rather than reseller-first angle.
- North American Bancard: Independent sales organization (ISO) offering merchant services, POS, and gateway solutions to SMBs across verticals. Closest peer to LMP given parallel ISO/reseller model and similar SMB customer profile.
- Global Payments (Heartland): Major ISO/acquirer offering merchant services and integrated POS, including a healthcare-focused practice with HIPAA-compliant processing. Closest direct peer to LMP given shared ISO model, vertical specialization, and SMB healthcare orientation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
LM Enterprises social profiles
Digital presenceLM Enterprises compliance and trust
Trust signalCompliance4 records
LM Enterprises financial estimates
Financial estimateRevenue estimate
Valuation estimate
LM Enterprises leadership team
Management profileNumber of profiles
Profiles1 record
LM Enterprises funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LM Enterprises M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LM Enterprises
What does LM Enterprises do?
LM Enterprises (LMP) is a merchant payment processing services provider that sets up merchant accounts, processes credit/debit card and ACH transactions, and supplies payment gateways, virtual terminals, and point-of-sale (POS) systems. The firm specializes in healthcare (HIPAA-compliant) and B2B (Level II/III optimized) payment processing, and offers value-added features such as dual pricing (EDGE Processing), text-to-pay, email payment links, and next-day funding.
Is LM Enterprises a public or private company?
LM Enterprises is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LM Enterprises founded?
LM Enterprises was founded in 2016. It employs 1 to 10 people.
Where is LM Enterprises based?
LM Enterprises is headquartered in Lafayette, United States, in the North America region.
How does LM Enterprises make money?
Four revenue lines are on record. Merchant Services and Payment Processing is the primary driver. The others are gateway and Technology Services, POS System Services and B2B Payment Processing.
Who are LM Enterprises's main competitors?
Broad incumbents on record are PayPal, Fiserv (Clover), Square (Block) and Stripe. Direct peers are Toast, Rectangle Health, Paymentus, HealthPay24, North American Bancard and Global Payments (Heartland).
Does LM Enterprises have an API?
Yes. LMP offers integration capabilities through robust APIs for e-commerce and gateways solutions. The platform supports APIs and integrations for easy integration with existing systems and third-party applications. Virtual Terminal is available as a web-based application for processing electronic payments via telephone, mail order, fax, email, or in person.
What industry is LM Enterprises in?
LM Enterprises's product category is Merchant Payment Processing Services. Its primary akta.pro industry code is HLACACAG, Patient Billing, Statements & Payment Processing. Its SIC code is 6159.