Quiq Capital Expands Its Revolving Credit Facility for Enhanced Flexibility in Business Financing

Quiq Capital Expands Its Revolving Credit Facility

Quiq Capital LLC, along with Quiq Income Fund II, L.P., has made a significant announcement regarding the enhancement of its financial capabilities. The firm has entered into an amendment and upsizing of its revolving credit facility with Dime Commercial Bancshares, Inc. This financially strategic move allows Quiq to increase its borrowing capacity up to $30 million, a change that reflects the firm's expanding capital base and robust performance since the inception of its fund in 2024.

New Opportunities in Funding

This revamped credit facility not only provides Quiq Capital with the ability to borrow more but also reduces the interest rates associated with these loans, thereby allowing for increased flexibility and liquidity. This is crucial for enabling Quiq to support business growth effectively. As stated by Ashish Parikh, Principal at Quiq Capital, this enhancement is a testament to their strength and capability in managing funds since their launch.

"We are thrilled to announce this expanded facility with Dime. The increased borrowing capacity stands as a testament to our growing capital base and our consistent performance. Not only does the amended facility facilitate lower borrowing costs, but it also empowers us to pursue exciting opportunities with favorable, risk-adjusted returns," Parikh stated.

This financial maneuver is expected to enhance Quiq Capital's position in funding lower middle market businesses and real estate strategies, which are often critical for sustainable economic development.

Strengthening Business Relationships

The partnership between Quiq Capital and Dime Commercial Bank has been growing since they started their lending relationship in 2025. Shawn Gines, Executive Vice President and Head of Corporate Specialty Finance at Dime, expressed enthusiasm about this collaboration. He noted that this growth exemplifies the kinds of relationships they strive to foster with both existing and new clients. Dime aims to provide tailored capital solutions that align well with Quiq's business objectives, enabling both organizations to thrive in their respective areas.

Furthermore, this move positions Quiq Capital as a pivotal player in the financial landscape, reinforcing its commitment to providing valuable secured loans to small and medium-sized enterprises (SMEs) and supporting high-growth profitable ventures.

About Quiq Capital and Dime Commercial Bancshares

Quiq Capital is recognized as a boutique asset manager focused on creating secured loans designed specifically for SMEs and various real estate strategies. Their investment approach emphasizes generating high-value, risk-adjusted investments and nurturing advantageous growth trajectories for businesses that possess proven performance histories and sound governance protocols.

On the other hand, Dime Commercial Bancshares, Inc. is the parent company of Dime Commercial Bank, which is a renowned entity with approximately $15 billion in assets and a top-tier deposit market share in the Greater Long Island area.

Conclusion

As Quiq Capital prepares for an ambitious future with enhanced funding capabilities, industry observers will watch closely how this amendment to their revolving credit facility propels their strategic initiatives going forward. With a commitment to judicious capital management and a focus on seeking out lucrative opportunities, Quiq Capital stands poised to further elevate its presence in asset management and business financing.