Could 6, 2020
Sterling Bay signed a lease with LQD Enterprise Finance, a Pilsen-based fintech firm, at its Fulton Market incubation house, 370 N Carpenter. LQD Enterprise Finance offers customized, tech-enabled financing options to small and medium-sized companies.
“In the wake of the COVID-19 pandemic and the uncertainty it has created for small businesses, our team has faced an influx of new loan requests as well as requests from lenders that need a way to service thousands of new SBA loans as part of the CARES Act that require us to bolster our operation with increased resources,” stated LQD’s John Stanfield.
He added, “By expanding into a new space in Fulton Market, we can ensure we have the necessary capabilities in place to deliver immediate funding or loan servicing for our clients during this unprecedented time.”
Pleasure Jordan, Sterling Bay’s EVP of leasing, negotiated the transaction for possession. Cresa’s Allen Rogoway represented LQD.
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Tags: Dealer, Lease, Workplace
dealer lease workplace
Fintech Tenant Expands with Fulton Market Incubation House