| ✅ Key Point | 📌 Details |
|---|---|
| 💼 What It Is | A direct small business lender based in Sioux Falls, South Dakota, offering short-term working capital and revenue-based financing since 2013. |
| 💰 Funding Amounts | Provides up to $300,000 in business funding for qualified applicants. |
| ⚡ Speed of Funding | Offers fast funding—capital can be deposited within 24 hours of approval. |
| 📆 Loan Terms | Short-term financing with repayment terms from 3 to 12 months and daily or weekly payments. |
| 💳 Credit Requirements | Accepts applicants with a minimum credit score of 500, making it accessible for those with bad credit. |
| 📈 Rates & Fees | Uses factor rates ranging from 1.2 to 1.6 instead of traditional interest rates; additional fees may apply. |
| 🏪 Best For | Small and medium-sized businesses that need rapid funding, working capital, or cash flow support when banks decline to lend. |
| ⭐ UCS Rating | 3.9 out of 5 – Fast and accessible funding, but limited loan amounts and higher factor rates than traditional lenders. |
Small business owners often face challenges when trying to qualify for traditional bank loans. Banks tend to favor applicants with high credit scores, extensive financial documentation, and a history of multiple years in business. For entrepreneurs who require rapid funding or have a limited credit history, the lengthy wait times and stringent documentation requirements can render traditional financing unrealistic.
That’s where alternative business loan lenders, such as Expansion Capital Group (ECG), come in. ECG offers fast and flexible small business funding designed to meet the specific needs of growing businesses that may not fit into a traditional lending model. By providing working capital solutions with less stringent eligibility criteria and faster approvals, ECG enables enterprises to access the funds they need to invest in growth opportunities, cover operational costs, or manage seasonal fluctuations.
Still, choosing the right lender is critical. Every business loan product comes with its own structure, costs, and repayment expectations. Understanding how a company like ECG operates—and how its funding process, repayment terms, and pricing reflect your financial situation—will help ensure you make the best decision for your business.
In this review, we’ll explore how Expansion Capital Group works, including the available options, pros and cons, and application process to help you decide if it’s right for your small business. Specifically, we’ll answer these questions and more:
Expansion Capital Group (ECG) is a direct lender that specializes in providing short-term financing to small and medium-sized businesses across the United States. Expansion Capital Group is headquartered in Sioux Falls, South Dakota, and was founded in 2013. Since its inception, the company has focused on providing financial support to business owners who might struggle to qualify for traditional bank loans. The company has funded over $1.5 billion to more than 25,000 small businesses nationwide as of 2023.
ECG provides financing options for businesses that traditional lenders underserve. These include working capital solutions, revenue-based financing, and equipment leasing. ECG offers industry-specific solutions for underserved enterprises, tailoring each loan or advance to align with the company’s cash flow and growth objectives.
ECG focuses on small businesses across the United States that need capital to expand operations or cover working capital needs. By combining data-driven underwriting and a strong emphasis on service, ECG aims to provide funding that empowers businesses to invest, hire, and scale.
Expansion Capital Group delivers business funding within 24 hours of approval for urgent financial needs, making it a go-to option for entrepreneurs facing time-sensitive cash flow challenges. The company caters to businesses that require cash flow management and those seeking to capitalize on growth opportunities.
Expansion Capital Group operates as a direct lender, providing quick access to capital for small businesses. The company leverages advanced technology to streamline the application and approval process. Its approach to small business financing relies on analyzing business performance metrics—like daily revenue, deposits, and sales trends—rather than focusing solely on credit scores.
Expansion Capital Group focuses on providing revenue-based financing solutions, including merchant cash advances and short-term working capital. These options are designed to help small businesses secure fast funding without the rigid collateral or documentation requirements typically associated with banks.
Expansion Capital Group provides funding of up to $300,000 for small businesses. Loan amounts and payment terms depend on the company’s cash flow, revenue consistency, and recent bank statements.
Expansion Capital Group typically utilizes factor rates ranging from 1.2 to 1.6. This pricing reflects a factor rate model instead of traditional interest rates.
Expansion Capital Group’s repayment terms typically range from 3 to 12 months, with daily or weekly payments that automatically debit from the business account.
Expansion Capital Group provides short-term financing solutions specifically designed to meet the needs of small businesses. Businesses can use ECG’s loans for working capital, equipment purchases, and business expansion. Expansion Capital Group utilizes proprietary data and analytics to provide quick access to capital, ensuring a smooth and efficient funding process.
ECG’s accounts receivable factoring program allows businesses to convert unpaid invoices into immediate cash. Instead of waiting 30–90 days for customer payments, ECG advances a portion of the invoice value, providing immediate working capital to cover expenses or invest in growth. This solution helps smooth out cash flow during seasonal fluctuations or delayed customer payments, particularly for industries with longer billing cycles.
The business loan or funding product serves as a short-term working capital loan, offering lump-sum financing to small businesses that require emergency funds or a cash flow boost. Companies can use the money for marketing, inventory, payroll, or expansion.
Because ECG uses innovative technology and data analytics, approvals are often fast—sometimes in as little as 24 hours. These fast business loans are typically repaid through daily or weekly payments, helping business owners align repayments with their sales volume.
For companies that rely heavily on machinery, technology, or business vehicles, ECG’s equipment leasing product allows them to acquire new equipment without significant upfront costs. By leasing instead of purchasing, businesses can maintain liquidity and preserve credit lines for other needs.
Investing in equipment or technology can lead to substantial operational improvements and cost reductions, which is why ECG positions this product as an innovative solution for business owners aiming to modernize operations.
ECG’s revenue-based financing (RBF) is its flagship offering. It enables businesses to secure upfront capital in exchange for a percentage of their future sales. Revenue-based financing allows businesses to repay their loans as a percentage of future sales, thereby enhancing cash flow management during periods of fluctuation.
This flexibility is ideal for companies with fluctuating revenue patterns, such as those in the retail or hospitality industries. Payments automatically adjust based on performance—when sales slow down, payments decrease proportionally.
ECG also provides access to SBA-backed loans for qualified borrowers. SBA loans come with lower interest rates and longer terms than most of ECG’s products, but require more documentation. While ECG facilitates these loans, approval ultimately depends on SBA guidelines and eligibility criteria.
To qualify for funding through ECG, applicants must meet specific eligibility criteria related to business performance and financial history. Expansion Capital Group requires a minimum credit score of 500 for loan applications.
ECG considers factors like time in business and business revenue to offer flexible financing options. The company typically looks for consistent monthly revenue deposits and an established business bank account. Businesses must meet specific revenue thresholds to qualify for financing from Expansion Capital Group.
Unlike traditional lenders, ECG doesn’t focus exclusively on credit history. Instead, it evaluates recent bank statements, cash flow, and sales performance to determine whether a company can sustain repayment obligations.
This model enables business owners with less-than-perfect credit or limited time in business to access the funds they need to stabilize their operations or pursue growth opportunities.
Expansion Capital Group has become a popular choice for small businesses needing short-term financial support due to its emphasis on speed and accessibility. The company is a direct funder, not a broker, meaning applicants deal directly with ECG throughout the borrowing process.
Expansion Capital Group specializes in providing revenue based financing solutions. The company primarily serves businesses that need short-term financing up to $300,000, which makes it ideal for working capital or cash flow management, but less effective for large-scale projects requiring multi-year repayment terms.
Expansion Capital Group utilizes factor rates instead of traditional interest rates. Factor rates for loans from Expansion Capital Group typically range from 1.2 to 1.6. This pricing model differs from APR-based loans—rather than charging ongoing interest, ECG applies a fixed cost to the total repayment amount.
ECG does not report payment activity to credit bureaus. This means that timely payments won’t help build your business credit, but late payments also won’t negatively impact your credit profile.
The company’s underwriting process typically involves a soft credit pull, which doesn’t affect the applicant’s credit score. However, ECG’s lack of transparency regarding specific details—such as origination fees or additional fees—can make it difficult to compare its rates directly with those of other lenders.
Expansion Capital Group’s primary audience consists of small and medium-sized businesses that may struggle to secure traditional bank loans. However, not all ECG products are available in every state, and funding limits may vary by industry or location.
ECG has a 95% complaint resolution rate with the BBB, which demonstrates responsiveness to customer concerns and a commitment to maintaining good communication with clients.
The maximum loan amount offered by Expansion Capital Group is $300,000. While this cap works well for smaller firms, larger enterprises seeking multi-million-dollar lines of credit may find this limiting.
Engagement with lender-provided financial management tools can increase the likelihood of achieving growth targets. ECG encourages clients to maintain strong communication with their account representatives to maximize outcomes.
Expansion Capital Group offers a business loan affiliate program. ISOs and business loan brokers can sign up on the company’s website to provide its funding solutions.
Expansion Capital Group (ECG) is a direct lender that specializes in providing short-term financing to small and medium-sized businesses across the United States. Expansion Capital Group is headquartered in Sioux Falls, South Dakota, and was founded in 2013. Since its inception, the company has focused on providing financial support to business owners who might struggle to qualify for traditional bank loans. The company has funded over $1.5 billion to more than 25,000 small businesses nationwide as of 2023.
ECG provides financing options for businesses that traditional lenders underserve. These include working capital solutions, revenue-based financing, and equipment leasing. ECG offers industry-specific solutions for underserved enterprises, tailoring each loan or advance to align with the company’s cash flow and growth objectives.
ECG focuses on small businesses across the United States that need capital to expand operations or cover working capital needs. By combining data-driven underwriting and a strong emphasis on service, ECG aims to provide funding that empowers businesses to invest, hire, and scale.
Expansion Capital Group delivers business funding within 24 hours of approval for urgent financial needs, making it a go-to option for entrepreneurs facing time-sensitive cash flow challenges. The company caters to businesses that require cash flow management and those seeking to capitalize on growth opportunities.
Expansion Capital Group operates as a direct lender, providing quick access to capital for small businesses. The company leverages advanced technology to streamline the application and approval process. Its approach to small business financing relies on analyzing business performance metrics—like daily revenue, deposits, and sales trends—rather than focusing solely on credit scores.
Expansion Capital Group focuses on providing revenue-based financing solutions, including merchant cash advances and short-term working capital. These options are designed to help small businesses secure fast funding without the rigid collateral or documentation requirements typically associated with banks.
Expansion Capital Group provides funding of up to $300,000 for small businesses. Loan amounts and payment terms depend on the company’s cash flow, revenue consistency, and recent bank statements.
Expansion Capital Group typically utilizes factor rates ranging from 1.2 to 1.6. This pricing reflects a factor rate model instead of traditional interest rates.
Expansion Capital Group’s repayment terms typically range from 3 to 12 months, with daily or weekly payments that automatically debit from the business account.
Expansion Capital Group provides short-term financing solutions specifically designed to meet the needs of small businesses. Businesses can use ECG’s loans for working capital, equipment purchases, and business expansion. Expansion Capital Group utilizes proprietary data and analytics to provide quick access to capital, ensuring a smooth and efficient funding process.
ECG’s accounts receivable factoring program allows businesses to convert unpaid invoices into immediate cash. Instead of waiting 30–90 days for customer payments, ECG advances a portion of the invoice value, providing immediate working capital to cover expenses or invest in growth. This solution helps smooth out cash flow during seasonal fluctuations or delayed customer payments, particularly for industries with longer billing cycles.
The business loan or funding product serves as a short-term working capital loan, offering lump-sum financing to small businesses that require emergency funds or a cash flow boost. Companies can use the money for marketing, inventory, payroll, or expansion.
Because ECG uses innovative technology and data analytics, approvals are often fast—sometimes in as little as 24 hours. These fast business loans are typically repaid through daily or weekly payments, helping business owners align repayments with their sales volume.
For companies that rely heavily on machinery, technology, or business vehicles, ECG’s equipment leasing product allows them to acquire new equipment without significant upfront costs. By leasing instead of purchasing, businesses can maintain liquidity and preserve credit lines for other needs.
Investing in equipment or technology can lead to substantial operational improvements and cost reductions, which is why ECG positions this product as an innovative solution for business owners aiming to modernize operations.
ECG’s revenue-based financing (RBF) is its flagship offering. It enables businesses to secure upfront capital in exchange for a percentage of their future sales. Revenue-based financing allows businesses to repay their loans as a percentage of future sales, thereby enhancing cash flow management during periods of fluctuation.
This flexibility is ideal for companies with fluctuating revenue patterns, such as those in the retail or hospitality industries. Payments automatically adjust based on performance—when sales slow down, payments decrease proportionally.
ECG also provides access to SBA-backed loans for qualified borrowers. SBA loans come with lower interest rates and longer terms than most of ECG’s products, but require more documentation. While ECG facilitates these loans, approval ultimately depends on SBA guidelines and eligibility criteria.
To qualify for funding through ECG, applicants must meet specific eligibility criteria related to business performance and financial history. Expansion Capital Group requires a minimum credit score of 500 for loan applications.
ECG considers factors like time in business and business revenue to offer flexible financing options. The company typically looks for consistent monthly revenue deposits and an established business bank account. Businesses must meet specific revenue thresholds to qualify for financing from Expansion Capital Group.
Unlike traditional lenders, ECG doesn’t focus exclusively on credit history. Instead, it evaluates recent bank statements, cash flow, and sales performance to determine whether a company can sustain repayment obligations.
This model enables business owners with less-than-perfect credit or limited time in business to access the funds they need to stabilize their operations or pursue growth opportunities.
Expansion Capital Group has become a popular choice for small businesses needing short-term financial support due to its emphasis on speed and accessibility. The company is a direct funder, not a broker, meaning applicants deal directly with ECG throughout the borrowing process.
Expansion Capital Group specializes in providing revenue based financing solutions. The company primarily serves businesses that need short-term financing up to $300,000, which makes it ideal for working capital or cash flow management, but less effective for large-scale projects requiring multi-year repayment terms.
Expansion Capital Group utilizes factor rates instead of traditional interest rates. Factor rates for loans from Expansion Capital Group typically range from 1.2 to 1.6. This pricing model differs from APR-based loans—rather than charging ongoing interest, ECG applies a fixed cost to the total repayment amount.
ECG does not report payment activity to credit bureaus. This means that timely payments won’t help build your business credit, but late payments also won’t negatively impact your credit profile.
The company’s underwriting process typically involves a soft credit pull, which doesn’t affect the applicant’s credit score. However, ECG’s lack of transparency regarding specific details—such as origination fees or additional fees—can make it difficult to compare its rates directly with those of other lenders.
Expansion Capital Group’s primary audience consists of small and medium-sized businesses that may struggle to secure traditional bank loans. However, not all ECG products are available in every state, and funding limits may vary by industry or location.
ECG has a 95% complaint resolution rate with the BBB, which demonstrates responsiveness to customer concerns and a commitment to maintaining good communication with clients.
The maximum loan amount offered by Expansion Capital Group is $300,000. While this cap works well for smaller firms, larger enterprises seeking multi-million-dollar lines of credit may find this limiting.
Engagement with lender-provided financial management tools can increase the likelihood of achieving growth targets. ECG encourages clients to maintain strong communication with their account representatives to maximize outcomes.
Expansion Capital Group offers a business loan affiliate program. ISOs and business loan brokers can sign up on the company’s website to provide its funding solutions.
One of the most significant advantages of Expansion Capital Group is speed. The fast funding process—often completed within 24 hours—makes it a lifeline for businesses facing emergency funding needs. Its flexible repayment options and low credit score requirement (minimum 500) also make it accessible to a wide range of small business owners.
ECG’s direct funding model means there’s no intermediary, reducing delays and communication breakdowns. Its innovative technology helps streamline the small business loan application process, resulting in quick turnaround times and good communication with borrowers.
Many customers highlight ECG’s willingness to go the extra mile to understand their specific needs. The company’s industry-specific solutions ensure that financing aligns with each business’s cash flow patterns, allowing for a more personalized approach to small business financing.
Despite its benefits, ECG has some potential challenges. The most significant drawbacks include higher rates compared to traditional lenders and shorter repayment terms, which can strain cash flow for smaller firms.
Additionally, the company’s lack of transparency regarding additional fees or origination costs can make it difficult to estimate the total borrowing cost. Since ECG doesn’t report to credit bureaus, successful repayment won’t improve your credit standing. Lastly, the maximum funding limit of $300,000 may be too low for businesses seeking large-scale capital financing.
Pros:
Cons:
Yes — Expansion Capital Group is a legitimate business funding platform that’s been operating since 2013. It has served over 25,000 small businesses and maintains a solid reputation for delivering quick funding and reliable service.
ECG has an A+ rating with the Better Business Bureau (BBB), further validating its credibility. The company’s long history, transparent contact information, and verified customer reviews confirm that ECG is a trusted name in the alternative lending space.
Overall, Expansion Capital Group reviews are mixed but lean positive. Expansion Capital Group is rated “Excellent” with 4.5/5 on Trustpilot. Customer satisfaction indicates that ECG’s offerings are delivering on promises for quick access to capital.
Positive reviews often highlight the staff’s responsiveness and knowledge, as well as the user-friendly online platform. Reviewers frequently mention the ease of the transaction with Expansion Capital Group. Clients appreciate the efficient funding and flexible payment options provided by Expansion Capital Group.
On the other hand, some reviews indicate a lack of transparency regarding fees and factor rates associated with ECG’s services. Some customers report high rates and financing fees, while many customers indicated that communication with account representatives could be improved during repayment or renewal discussions.
Expansion Capital Group’s approach is best suited for business owners who value speed, accessibility, and flexibility over low-cost long-term financing.
Expansion Capital Group may decline an application for various reasons, such as poor credit, insufficient revenue, or inconsistent cash flow. If declined, the denial letter should clearly explain the reasons for the decision. Please contact ECG directly if you require additional information.
Fortunately, small business owners have diverse business lending options to consider if ECG’s funding solutions aren’t the right fit. Many lenders offer similar products, including options with higher borrowing amounts and longer terms. Working with a business loan marketplace (like UCS) allows you to apply to multiple lenders at once to find the best deal for your business needs.
You may be interested in one of the following small business loans:
Expansion Capital Group provides reliable short-term working capital solutions for small businesses that require rapid access to funds and don’t qualify for traditional bank loans. It’s best for business owners who prioritize speed, flexibility, and simple eligibility criteria.
However, businesses seeking larger loans, longer repayment terms, or lower rates might be better served by exploring other lenders through a marketplace. Expansion Capital Group is a practical option for businesses seeking fast funding.
Based on the available information, we rate Expansion Capital Group 3.9 out of 5. It offers good products but has limited funding amounts.
Disclaimer: The Expansion Capital Group trademark is owned by Expansion Capital Group LLC, and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from Expansion Capital Group LLC.
