financial services

BankRI provides financing for Quick Fitting

Posted 1/22/13

PROVIDENCE – Bank Rhode Island has provided a $3 million financing package to Quick Fitting Inc. to expand its business and launch a new product line, according to a press release from the bank.

Quick Fitting is a manufacturer and supplier of repairable quick-connection technology for plumbing and heating applications.

“Quick Fitting, Inc.’s cutting-edge technology and successful business model have enabled them to become a leader in its field,” said BankRI President Mark Meiklejohn. “

Quick Fitting recently relocated from East Providence to a 100,000-square-foot facility in Warwick to accommodate growth. The company also has offices and warehouse space in Littleton, Mass.

“We have been so very impressed with the commitment, clarity, service, technology and support the BankRI team has delivered as our financial partner,” said Quick Fitting President David Crompton. “It is comforting to know we have a strong financial partner by our side as we fuel our hyper-growth and the future development of advanced push-fit plumbing technologies.”

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