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Quiq Capital Announces New Credit Facility with Dime Community Bank

The facility provides increased financial flexibility and liquidity to support business growth for the alternative lending platform.

byRita Garwood
May 29, 2025
in News, Deal Announcements

NEW YORK, May 28, 2025 – Quiq Capital LLC (“Quiq”) is pleased to announce the closing of the firm’s inaugural revolving credit facility with Dime Community Bank. The facility provides the company with increased financial flexibility and liquidity to support business growth.

“We are extremely pleased to have entered into this new relationship with Dime and look forward to growing our platform with this venerable institution. This new revolving credit facility is a significant step forward in strengthening our financial position and providing us with greater flexibility to pursue our strategic goals,” said Ashish Parikh, Principal of Quiq Capital, LLC. “The facility demonstrates strong confidence from the institutional community in our lending platform and provides us with the resources we need to capitalize on growth opportunities.”

“Supporting the achievement of Quiq’s business strategy with a flexible capital solution is the partnership we strive for with our clients,” said Thomas X. Geisel, Senior Executive Vice President, Commercial Lending at Dime Community Bank.

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