What Expansion Capital Group does

Expansion Capital Group (ECG) is a privately held, direct capital provider headquartered in Sioux Falls, South Dakota, founded in 2013 to deliver working capital and small-business financing to U.S. Main Street businesses underserved by traditional bank lenders. The company operates a multi-product platform spanning revenue-based financing ($5K-$500K), business loans (up to $1.5M), working capital term products (3-12 months), equipment leasing (6-84 months), accounts receivable factoring, SBA-backed loans, and franchise loans up to $500K. Its customer base consists of established small businesses (6+ months in operation, $8K+ monthly revenue) across 700+ industry verticals and all 50 U.S. states, with cumulative originations exceeding $1.5 billion to 40,000+ businesses since inception.

Core technology is ECG's proprietary underwriting platform, which evaluates over 1,000 data attributes per application (including liens, UCCs, payment processor statements, and personal/business credit) to drive automated credit decisions in under 45 minutes for 90% of leads, with an 80%+ contracts signed-to-close ratio. This platform enables same-day or next-day funding on most products and supports differentiated decisioning for borrowers with challenged credit, tax liens, or recent bankruptcies. Speed, transparency, and a proprietary analytical backbone are positioned as core differentiators against both banks and other alternative lenders.

Revenue is generated transactionally through interest, fees, or factor/advance pricing on each financed instrument, with repayments structured as daily or weekly ACH debits (working capital, revenue-based, factoring) or monthly installments (term loans, SBA, equipment leasing). Distribution is dual-track: a direct-to-consumer online application funnel at ecg.com with phone-based Funding Advisor support, alongside a channel model serving 300+ referral partners (ISOs, brokers, marketing firms, trade groups) via a dedicated Partner Portal with renewals visibility and dedicated account management. ECG is founder/management-led, led by CEO Tim Mages as of April 2025, with capital partners including Bastion Management and a $100 million institutional credit facility secured in January 2025.

Name

Expansion Capital Group

Legal name

Expansion Capital Group, LLC

Website

https://ecg.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Expansion Capital Group is a Sioux Falls-based direct capital provider offering working capital, revenue-based financing, SBA loans, and equipment leasing to established U.S. small businesses across 700+ industries, using proprietary data-driven underwriting to fund 40,000+ businesses with over $1.5 billion deployed.

Ownership category

akta.pro rank

Product category

Small Business Lending

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industries

Merchant Cash Advance & Revenue-Based Financing Enablement (FSAGALAH), Revenue-Based Financing (RBF) Providers (FSANAIAF), Direct Lending — Asset-Based Lending (ABL) (FSAHAJAE)

Keywords

• Small business lending
• Working capital financing
• Revenue-based financing
• Equipment leasing
• SBA loan origination

Headquarters

HQ city

Sioux Falls

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, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Working Capital Financing: ECG provides working capital funding using a 3-12 month term finance product which helps business owners expand and grow their businesses. The product enables fast access to capital for time-sensitive opportunities that cannot wait for a traditional bank loan. Revenue is generated through interest/fees on the funded amount, with repayments structured as daily or weekly ACH debits.
2. Revenue-Based Financing: Revenue-based financing where ECG purchases a fixed percentage of the business's future receivables. Repayments fluctuate based on monthly revenue, providing flexibility. The purchase continues until the obligation is satisfied with no fixed maturity date. Available from $5k to $500k.
3. Business Loans and Funding: Traditional business loans providing a lump sum of capital upfront, repaid over a fixed term with regular scheduled payments. Suitable for businesses with stable revenue that need capital for growth initiatives. Credit decisions focus on business revenue and performance.
4. Equipment Leasing: Equipment leasing provides access to equipment with a fixed term and periodic (weekly/daily) payments. The leased equipment serves as collateral. Terms range from 6 to 84 months with low or no down payment required.
5. Accounts Receivable Factoring: ECG advances a percentage of the business's unpaid invoices (typically up to 95%) upfront, assuming responsibility for collecting payments from the customers. The business sells receivables at a discount to unlock immediate cash flow.
6. SBA Business Loans: Small Business Administration loans where ECG acts as an originator working with banks. The SBA guarantees a portion of the loan, reducing risk for lenders and making it easier for small businesses to qualify. Features favorable interest rates and longer repayment terms.
7. Same Day Business Loans: Fast financing approved and funded within a single business day, designed for urgent needs like payroll, inventory gaps, or time-sensitive opportunities. Shorter repayment terms with daily or weekly payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Expansion Capital Group (ECG) is a direct, non-bank capital provider that funds established U.S. small businesses through working capital term loans (3-12 months), revenue-based financing, business loans up to $1.5 million, equipment leasing, accounts receivable factoring, SBA-backed loans, and same-day business loans. The company leverages a proprietary underwriting platform that pulls over 1,000 data attributes per application to deliver funding decisions in as little as 30 minutes and deposits within 24 hours, serving borrowers underserved by traditional bank lenders across all 50 U.S. states.

Product overview

Expansion Capital Group (ECG) operates as a direct capital provider offering a diversified portfolio of working capital and business financing solutions to established small businesses across the United States. The product suite includes six core financing products: Accounts Receivable Factoring (invoice-based financing), Business Loans (lump-sum working capital), Equipment Leasing (asset-backed financing), Same Day Business Loans (rapid approval/funding), Revenue-Based Financing (revenue-linked flexible payments), and SBA Business Loans (government-backed). Additionally, ECG offers specialized Franchise Loans up to $500,000 and runs a community initiative, the Small Business Spotlight Contest, awarding $25,000 annually to a local Sioux Falls business. The company primarily serves established businesses with 6+ months in operation and $8,000+ monthly revenue, funding across 700+ industry categories nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Loan or Funding A lump-sum working capital loan with fixed payments over a fixed term, designed for U.S. small businesses needing capital for expansion, equipment, operating expenses, or growth initiatives. Underwriting focuses on business revenue and performance, with funding potentially available the same or next business day, decisions in as little as 30 minutes, and funding available within 24 hours; soft credit pulls only and no prepayment penalties on most deals.
• Revenue-Based Financing A flexible financing product in which ECG purchases a fixed percentage of the business's future receivables, with repayments that fluctuate up and down with the business's weekly or monthly gross revenue. Available from $5,000 to $500,000 with no personal repayment guarantee and no fixed maturity date — the purchase continues until the obligation is satisfied, making it well suited to businesses with uneven revenue streams. Not available in all states.
• Equipment Leasing A financing arrangement in which ECG provides equipment for business use in exchange for periodic (weekly or daily) payments over a 6- to 84-month term, with low or no down payment and the leased equipment serving as collateral. Covers commercial vehicles, restaurant equipment, construction equipment, medical equipment, and industrial machinery, and may offer tax-deductible payments (not guaranteed).
• Accounts Receivable Factoring A financing solution in which a business sells its unpaid invoices to ECG at a discount for immediate cash flow; ECG advances up to 95% of the invoice value within days and assumes responsibility for collecting payment from the business's customers, removing the waiting period between invoicing and payment.
• SBA Business Loan Small Business Administration-backed loans originated by ECG working with banks, in which the SBA guarantees a portion of the loan, lowering lender risk and making qualification easier for small businesses. Features favorable interest rates, longer repayment terms, no prepayment penalties, lower monthly payments, and a minimum 500+ FICO requirement, with a higher paperwork burden and longer process than ECG's other products.
• Same Day Business Loans A fast working capital product approved and funded within a single business day through a streamlined digital application and automated underwriting, designed for urgent small business needs such as payroll, inventory gaps, emergency repairs, or time-sensitive growth opportunities. Shorter repayment terms with daily or weekly payments.
• Franchise Loans Business financing up to $500,000 specifically designed for franchise owners seeking capital for expansion, remodeling, new equipment for existing franchise locations, or opening new franchise locations, addressing franchisees' difficulty accessing conventional financing for unit-level growth.

Quantifiable outcome

• 90% of ECG's submitted leads are decisioned in under 45 minutes
• +4 more outcomes

Named customers1 record

Segments4 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

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Referral Partner Network (300+)coreChannel Partner/ Reseller/ DistributorECG partners with over 300 referral partners including independent sales organizations (ISOs), small business funding advisors, leasing brokers, marketing firms, and trade groups. Partners use ECG's Partner Portal to submit and fund deals, earning commissions with complete visibility into their renewals portfolio.
• ISO PartnerscoreChannel Partner/ Reseller/ DistributorISO (Independent Sales Organization) partners work with a dedicated account manager and use ECG's Partner Portal to submit and fund deals. ECG offers industry-leading commissions and complete visibility into the partner's renewals portfolio.
• Strategic PartnersminorStrategic or Co-development PartnerOrganizations looking for a financing partner to help structure custom programs for their customers can work with ECG to embed financing solutions into their platform. ECG offers custom products and structures that align with the partner's needs.
• Affiliate PartnersminorGTM or Marketing PartnerECG's marketing department partners with lead generators to monetize existing leads. Affiliates earn commissions for leads they're already generating through ECG's affiliate partnership program.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BlueVine: BlueVine is a leading fintech providing working capital, lines of credit, and invoice factoring to U.S. small businesses via a digital application — directly comparable to ECG's core SMB working capital and AR factoring products.
• Fundbox: Fundbox provides working capital advances and invoice financing to small businesses through a quick online application, directly overlapping with ECG's revenue-based financing and same-day loan offerings for SMBs.
• OnDeck: OnDeck (now part of Enova) is an online small business lender offering term loans and lines of credit with fast decisions — closely comparable to ECG's short-term working capital and business loan products.
• National Funding: National Funding is a direct SMB lender offering working capital loans, equipment leasing, and SBA loans — overlapping heavily with ECG's diversified product suite, including equipment leasing and SBA origination.
• CAN Capital: CAN Capital is a long-standing merchant cash advance and small business working capital provider, directly comparable to ECG's revenue-based financing and short-term business credit products.
• Kabbage (American Express): Kabbage, acquired by American Express, provides working capital lines to small businesses via an automated digital platform — overlapping with ECG's fast, data-driven SMB lending model.
• Funding Circle: Funding Circle operates an online SMB lending platform offering term loans and lines of credit to small businesses, comparable in customer segment and digital delivery to ECG's core offerings.

Broad incumbents

• Biz2Credit: Biz2Credit is a broader SMB lending marketplace connecting borrowers to multiple capital sources including term loans, lines of credit, and SBA loans — comparable in target market but broader and more diversified than ECG's direct origination model.
• Accion: Accion is a nonprofit small business lender offering working capital and growth financing to underserved U.S. SMBs — comparable in mission and target customer profile to ECG, though typically at smaller ticket sizes.

Emerging players

• Currency: Currency is a newer SMB lending marketplace offering revenue-based financing and working capital products, overlapping with ECG's RBF and short-term loan offerings in the same underserved SMB segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/expansioncap
• YouTubeyoutube.com/@ExpansionCapitalGroup
• Facebookfacebook.com/ExpansionCapitalGroup
• LinkedInlinkedin.com/company/expansion-capital-group
• Instagraminstagram.com/expansioncapgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors

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 Expansion Capital Group