Expansion Capital Group Achieves $1 Billion in Small Business Funding

Posted under: SMB
Date: 2024-01-17
Expansion Capital Group Achieves $1 Billion in Small Business Funding

Expansion Capital Group (ECG), founded in Sioux Falls in 2013, has achieved significant milestones in its mission to provide capital to small businesses nationwide. With a focus on service-based businesses like restaurants, construction companies, and healthcare services, ECG has grown to serve over 20,000 small business owners across all 50 states. Operating with a team of 75 local employees, they offer funding ranging from $5,000 to $300,000, catering to businesses with revenues typically less than $10 million. ECG's tech-driven approach ensures speed to approval, attracting industry experts from Sioux Falls, while its commitment to technology, data, and analytics has grown its fintech team. ECG has successfully funded its $1 billionth dollar to small businesses, marking a significant achievement and demonstrating its commitment to supporting and streamlining capital access.

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