Lender review
Expansion Capital Group Business Loans, Reviewed
A Sioux Falls based direct funder offering revenue based financing up to $300,000, with a 500 credit score floor and approvals in as little as 4 hours.
Lender review
A Sioux Falls based direct funder offering revenue based financing up to $300,000, with a 500 credit score floor and approvals in as little as 4 hours.
Expansion Capital Group has funded small businesses since 2013 using proprietary data and analytics to approve applications with a credit score as low as 500 and just 6 months in business. That accessibility is real, and approvals in as little as 4 hours back it up. What holds it back from a stronger recommendation is a lack of clarity on origination and servicing fees on its site, and the fact that it does not report payment activity to the business credit bureaus, so on time payments here will not help build your business credit the way some competitors’ products do.
Expansion Capital Group directly funds working capital loans, merchant cash advances, accounts receivable factoring, and equipment leasing, all evaluated primarily on your business’s cash flow rather than a strict credit cutoff.
Founded in 2013 and based in Sioux Falls, South Dakota, Expansion Capital Group built its underwriting around proprietary data and analytics rather than a traditional credit score review. That approach is why it can approve businesses with a 500 credit score, though the tradeoff shows up in pricing that runs above a term loan or bank line of credit.
Prequalify in minutes without affecting your credit score.
Exact rates and loan amounts vary by product and by applicant; see the product breakdown below for details on each one.
Expansion Capital Group funds five products directly, all built around fast access to capital for businesses with steady revenue.
| Working capital / business loan | Up to $300,000 with 3 to 12 month terms, factor rates from 1.2 to 1.6, and daily or weekly automatic repayment. |
| Merchant cash advance | A lump sum advanced against future sales, repaid through daily or weekly debits from your business bank account. |
| Accounts receivable factoring | Converts unpaid invoices into immediate cash, with ECG collecting directly from your clients. |
| Equipment leasing | Fixed term, periodic payments that preserve cash flow while giving you access to needed equipment. |
| Same day business loans | Fast turnaround financing for urgent, time sensitive business needs. |
Rate, term, and amount figures are set per applicant during underwriting.
Expansion Capital Group is built around accessibility, with underwriting that leans on your cash flow more than a traditional credit review.
Expansion Capital Group generally requires a personal credit score of 500 or higher, well below what most banks and SBA lenders would accept.
A minimum of 6 months of operating history is typically required, verified through recent bank statements.
ECG generally looks for at least $96,000 to $100,000 in annual revenue, or roughly $8,300 a month, though loan amounts and terms depend on your overall cash flow and revenue consistency.
Expect to provide 3 to 6 months of recent bank statements and, depending on the product, credit card processing records. ECG runs a soft credit check initially and a hard pull for final approval.
The application is designed to be quick, with minimal documentation compared to a traditional bank loan.
Complete ECG’s application and submit your recent bank statements.
ECG evaluates your cash flow and revenue consistency, with approvals often within 4 hours.
Once approved, funds typically arrive within 24 to 48 hours, sometimes the same day.
A 500 credit score minimum accepts businesses that most banks and many online lenders would turn away.
Approvals often land within 4 hours, one of the quicker turnarounds on this network.
Businesses that repay early can save on the total cost of financing.
ECG works with businesses across more than 700 industry categories.
Working capital, MCA, invoice factoring, and equipment leasing are all available through the same company.
Origination fees and monthly servicing fees are not clearly disclosed on the website, so ask for the full cost breakdown before signing.
ECG does not report payment activity to the business credit bureaus, unlike some competitors on this network.
A $300,000 maximum is too small for businesses with larger capital needs.
Yes. Expansion Capital Group directly funds its working capital loans, merchant cash advances, accounts receivable factoring, and equipment leasing.
Expansion Capital Group generally requires a personal credit score of 500 or higher.
Approvals often come within 4 hours, with funds typically arriving in 24 to 48 hours, sometimes the same day.
Expansion Capital Group offers working capital loans, merchant cash advances, accounts receivable factoring, equipment leasing, and same day business loans.
Expansion Capital Group generally looks for at least 6 months in business, at least $96,000 to $100,000 in annual revenue, and a personal credit score of 500 or higher.
No. Expansion Capital Group does not report payment activity to the business credit bureaus, so on time payments will not help build your business credit.
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