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The space previously housed a small securities firm, lending it a certain authenticity in its Wall Street neighborhood.
Although bankers have generally been encouraged by the progress in recent days on the Mexican debt, they still refused yesterday to make any firm lending commitments.
The biggest such firm, Lending Club, based in San Francisco, listed its shares in December to a clamour reminiscent of the 1999 tech boom.Fans compare peer-to-peer lenders to other pioneers of the "sharing economy".
Following executive-pay curbs announced on February 4th, the new plan restricts dividends to a penny, forces banks to step up mortgage modifications and bans acquisitions of healthy competitors until the taxpayer is repaid.It might have been even harsher, had Mr Geithner not fought off calls by White House aides who wanted to, for instance, set firm lending targets.
Nigel Cates, head of credit enforcement for the OFT, says one of the regulator's frustrations is that it can take years from the point of deciding to revoke a licence to getting through the appeal process to stopping a firm lending.
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When a brokerage firm lends shares to another firm, it receives a payment for them.
(The firm lent it to me when I was doing a special report on American business last year).
The firm lends $2,000 to $20,000 to businesses operated by first-generation entrepreneurs who don't have collateral in the form of land or property.
"Schwab's operations are extremely bank-like" already because the firm lends money to its customers against the value of their stocks and mutual funds, he said.
Company founders often feel that signing a deal with a large VC firm lends cachet, just as MBA students may get special pleasure from being offered a job by a big, well-known employer.
The Henderson, NV firm lent to 282 pensioners between March 2012 and April 2015, in amounts from $2,500 to $58,500.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com