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Fintech Tenant Expands with Fulton Market Incubation Space
Sterling Bay signed a lease with LQD Business Finance, a Pilsen-based fintech company, at its Fulton Market incubation space, 370 N Carpenter. LQD Business Finance provides custom, tech-enabled financing solutions to small and medium-sized businesses.
“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,” said 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.”
Joy Jordan, Sterling Bay’s EVP of leasing, negotiated the transaction for ownership. Cresa’s Allen Rogoway represented LQD.
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- ◦Lease
