Quiq Capital

What Quiq Capital does

Quiq Capital is a U.S. private credit firm founded in 2021 that operates as a direct lender to lower-middle-market small and medium-sized enterprises. The firm originates secured, sub-$10mm asset-backed loans — ranging from $500K to $10M with 1-5 year durations — to borrowers underserved by traditional banks due to regulatory capital constraints, positioning the platform against lengthy SBA processes and higher-cost MCA/factor products. Quiq deploys four core lending strategies: Asset-Based Lending, Corporate Lending, Real Estate Lending, and Structured Credit (CMBS and ABS), alongside a proprietary 'Quiq Evaluation Technology' that pre-screens borrowers in near real time and supports 24-hour funding for approved applicants.

The firm's revenue model combines interest income on its loan portfolio (target yields of 12-18%), management and performance fees from two investment vehicles (Quiq Income Fund and Quiq Income Fund II, distributed via the NavFund Services and Formidium investor portals), and origination and servicing fees. AI/ML and third-party automation tools are used for underwriting, portfolio monitoring, fraud detection, compliance, and investor relations. As of May 2025, the firm had evaluated more than $5B in loan requests with a <2% funded rate, signaling disciplined selectivity.

The founding team comprises four co-founders with institutional pedigree: Rajesh Bansal, CFA (President; formerly DoubleLine, TIAA/Nuveen); Vivek Tiwari, PhD (CIO; formerly D.E. Shaw Group, Amherst Securities, Citigroup); David Hartmann (COO; serial entrepreneur in lending, equipment leasing, healthcare, and data security); and Matthiew Mendonca (Managing Partner, Credit & Underwriting; formerly Brookfield Asset Management, Brookfield Properties, CBRE, PIMCO). Quiq Capital LLC is domiciled in the U.S., privately held, and in May 2025 secured its inaugural revolving credit facility with Dime Community Bank to support balance sheet liquidity. The company operates across the United States, excluding California and North Dakota.

Name

Quiq Capital

Legal name

Quiq Capital LLC

Website

https://quiqcapital.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Quiq Capital is a U.S. private credit firm that provides $500K-$10M secured, asset-backed loans to lower-middle-market SMEs underserved by banks and manages private credit funds targeting 12-18% yields for accredited investors.

Ownership category

akta.pro rank

Product category

Private Credit / Direct Lending

NAICS

Other Investment Pools and Funds (5259), Open-End Investment Funds (525910)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industries

Middle-Market Lending (FSANADAI), Real Estate Private Credit (CRE Debt) (FSANADAG), Private Credit / Direct Lending (FSAAAHAG)

Keywords

• Private credit lending
• Business loan underwriting
• Asset-based lending
• Structured credit investments
• SME financing

Headquarters

HQ city

Manhattan Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Interest Income from Lending: Quiq Capital generates revenue primarily through interest income on its secured, sub-$10mm asset-backed loans. Target yields range from 12-18% with loan durations of 1-5 years. The firm maintains conservative LTVs and active portfolio oversight to manage risk-adjusted returns.
2. Fund Management Fees: The firm manages investment vehicles including Quiq Income Fund and Quiq Income Fund II, generating management fees from investor capital deployed in private credit strategies including corporate loans, real estate debt, and structured credit (CMBS and ABS).
3. Origination and Servicing Fees: Fees generated from loan origination and ongoing loan servicing activities for the diversified pool of U.S. borrowers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Quiq Capital is a private credit firm that operates as a direct lender to underserved lower-middle market SMEs, originating secured loans of $500K–$10M across asset-based, corporate, real estate, and structured credit strategies. The company also manages the Quiq Income Fund and Quiq Income Fund II, giving U.S. accredited investors access to these private credit opportunities with target yields of 12–18% and 1–5 year durations.

Product overview

Quiq Capital is a private credit company operating as a direct lender and investment fund manager. The company's product portfolio consists of two investment funds (Quiq Income Fund and Quiq Income Fund II) targeting U.S. accredited investors, and a diversified lending platform offering four core lending strategies: Asset-Based Lending, Corporate Lending, Real Estate Lending, and Structured Credit (CMBS and ABS). The borrower-facing platform provides business loans up to $10 million to underserved lower-middle market borrowers seeking $500K-$10M in financing. The investment products offer access to secured, sub-$10mm asset-backed loans targeting 12-18% yields with 1-5 year durations and quarterly cash distributions.

Differentiator

Problem solved

Functional benefit

Brands

• Quiq Income Fund: Private credit investment fund offering access to private credit opportunities through corporate loans, real estate debt, and structured credit investments.
• Quiq Income Fund II

Products and services

• Quiq Income Fund An investment fund offering U.S. accredited investors access to private credit opportunities through corporate loans, real estate debt, and structured credit investments. Targets secured, sub-$10mm asset-backed loans with 12-18% target yield and 1-5 year duration, with quarterly cash distributions and liquidity after 18 months.
• Quiq Income Fund II The second investment fund by Quiq Capital providing U.S. accredited investors access to the same private credit investment strategy as Quiq Income Fund, offering quarterly cash distributions and optional reinvestment with liquidity available after 18 months.
• Asset-Based Lending Loans secured by tangible assets such as autos, trucks, heavy machinery, aircraft, and physical inventory, along with payments and receivables. Target rate profile of 10%-20% with double-digit returns for investors.
• Corporate Lending Bridge loans and financing for acquisitions, renovations, capital expenditures, and working capital for profitable, growing businesses. Loans are tailored to company credit profiles based on comprehensive due diligence with a target rate profile of 10%-20%.
• Real Estate Lending Senior and subordinate loans and mezzanine financing for commercial and residential real estate, including new development and renovations. Secured by underlying assets and borrower guarantees with a target rate profile of 9%-16%.
• Structured Credit (CMBS and ABS) Investments in public and private commercial real estate securities including CMBS and ABS, complementing lower middle market lending with enhanced diversification, improved liquidity management, and broader credit trend visibility. Quiq maintains minority stakes (<5%) in select structured products.
• Business Loans (Borrower Platform) Business loans up to $10 million for underserved U.S. borrowers in the $500K-$10M funding gap segment. Loans are non-dilutive capital with minimum requirements of 2 years in business, 600 minimum FICO score, and $1,000,000 annual gross revenue. Capital delivery in as little as 24 hours after approval.

Named customers17 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature2 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Ares Capital: One of the largest publicly traded business development companies (BDCs) providing direct senior lending and unitranche financing to U.S. middle-market companies. Comparable in private credit origination model and target yield profile, though at much larger scale and with more diversified capital base.
• White Oak Global Advisors: Established private credit firm providing asset-based lending, senior-secured term loans, and factoring to the lower-middle market. Comparable to Quiq in product mix (asset-based lending to SMEs) and borrower segment, though White Oak operates at materially larger scale and AUM.
• Blue Owl Capital: Major alternative asset manager with a large private credit franchise (Owl Rock) originating senior loans to middle-market companies. Comparable in product (private credit to middle-market borrowers) and target returns, though Blue Owl operates across a much broader asset base and institutional LP universe.

Direct peers

• Currency (formerly Currency Capital): Technology-enabled small business lender providing working capital, SBA loans, and equipment financing to U.S. SMEs. Comparable to Quiq's lower-middle market target, multi-product platform, and emphasis on speed and tailored underwriting.
• Funding Circle: Online small business loan marketplace and direct lender serving SMEs that struggle to access traditional bank financing. Highly comparable in mission (addressing bank funding gap for SMEs) and product (term loans and lines of credit) to Quiq's positioning.
• Credibly: Direct online lender providing working capital, term loans, and lines of credit to U.S. small businesses. Comparable to Quiq in customer segment (underserved SMEs), product mix (working capital and term loans), and emphasis on speed of funding.
• National Funding: Direct alternative lender to small and mid-sized businesses providing working capital loans, equipment financing, and merchant cash advances. Directly comparable to Quiq's SME borrower focus and the spectrum of asset-backed and unsecured loan products offered.
• Fundbox: Technology-driven small business credit platform offering lines of credit and term loans to SMEs. Comparable to Quiq's tech-enabled underwriting approach, target SME borrower, and focus on bridging the working capital gap left by traditional banks.
• OnDeck (Enova International): Pioneer in online small business lending offering term loans and lines of credit to SMEs. Direct comparable to Quiq's $500K-$10M unsecured and asset-backed lending product, target customer profile, and technology-driven underwriting approach.
• BlueVine: Online lender providing working capital, lines of credit, and term loans to U.S. small and mid-sized businesses. Directly comparable to Quiq's lower-middle market SME lending focus, with a similar digital application experience and target deal sizes in the hundreds of thousands to several million dollars.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/QuiqCapital
• LinkedInlinkedin.com/company/quiqcapital

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quiq Capital