Quiq Capital Announces Amended and Upsized Revolving Credit Facility
Quiq Capital LLC, in partnership with Quiq Income Fund II, L.P., has amended and upsized its revolving credit facility with Dime Commercial Bank. The revised agreement increases the borrowing capacity to $30 million, lowers interest rates, and provides greater financial flexibility for business growth. Ashish Parikh of Quiq Capital highlighted that this enhancement reflects strong fund performance since 2024 and supports funding attractive investment opportunities. Shawn Gines from Dime Commercial Bank noted a significant growth in their relationship with Quiq since the partnership began in 2025, emphasizing their commitment to providing tailored capital solutions. The facility amendment is expected to support Quiq's continued expansion into SMEs and real estate strategies through secured loans backed by strong governance and performance. Quiq Capital focuses on private credit lending for high-growth businesses with a track record of outperformance.
Topics: amendment borrowing capacity credit facility liquidity