ECG Announces Strategic Expansion into Utah, Accelerating Growth and Strengthening Support for Small Businesses Nationwide

SANDY, Utah — Expansion Capital Group (ECG), a leading financial technology company providing fast, flexible working capital solutions to small businesses nationwide, today announced the opening of its new office in Sandy, Utah, marking a significant milestone in the company's continued growth and commitment to serving entrepreneurs across the United States.

The new office, opening August 3, 2026 expands ECG's operational footprint beyond its Sioux Falls, South Dakota headquarters and reflects the company's long-term investment in innovation, talent, and scalable growth. Located at 200 W Civic Ctr Dr Ste 120 Sandy, UT 84070, the location will operate as an extension of ECG's headquarters while enhancing collaboration, expanding operational capacity, and strengthening support for partners and business owners throughout the western United States.

Since its founding in 2013, ECG has helped more than 40,000 small businesses access over $1.5 billion in working capital. Through a combination of technology-enabled underwriting, experienced funding professionals, and a streamlined funding experience, ECG has become a trusted capital provider for established businesses seeking the resources needed to manage cash flow, pursue growth opportunities, and navigate the everyday challenges of running a business.

The expansion into Utah comes at a pivotal time for the company as it continues to invest in its people, technology, and operational capabilities to support future growth.

"This expansion represents far more than the opening of a new office. It is an investment in the future of ECG," said Tim Mages, Chief Executive Officer of Expansion Capital Group. "Utah has become one of the nation's most vibrant fintech and technology markets, attracting exceptional talent, entrepreneurial energy, and a strong culture of innovation. Establishing a presence here strengthens our ability to attract great people, deepen relationships with partners and business owners, and continue building the capabilities needed to support small businesses at an even greater scale."

The Salt Lake City metropolitan area has emerged as one of the fastest-growing fintech hubs in the country, home to a diverse and rapidly expanding network of technology companies, financial services organizations, and highly skilled professionals. ECG's presence in Utah provides access to this growing talent market while creating opportunities for greater collaboration and leadership development across the organization.

The new location also strengthens ECG's ability to serve referral partners, brokers, and merchants throughout the Mountain West and West Coast regions. By operating across multiple geographic markets, the company gains additional flexibility and scalability while maintaining the relationship-driven service model that has been a hallmark of its success.

"As we continue to grow, our mission remains unchanged," added Mages. "Small businesses are the backbone of our economy, and we remain committed to helping business owners access the capital they need to succeed. This expansion allows us to invest in our people, strengthen our capabilities, and remain focused on delivering the trust, transparency, responsiveness, and partnership our customers and partners have come to expect from ECG."

ECG is actively hiring and expects the Utah office to create new opportunities for career growth, leadership development, and collaboration as the company continues its national expansion.

Media Contact

Tamara Edwards
Tamara@Tamaraedwards.co

About Expansion Capital Group

Expansion Capital Group (ECG) is a financial technology company headquartered in Sioux Falls, South Dakota, that provides working capital solutions to established small businesses throughout the United States. Since 2013, ECG has helped more than 40,000 businesses access over $1.5 billion in capital.

Through a combination of technology-enabled underwriting, dedicated relationship management, and a streamlined funding process with same-day funding available for qualifying customers, ECG helps business owners access capital quickly and confidently. The company serves customers directly and through a nationwide network of referral partners, brokers, and advisors, helping entrepreneurs manage cash flow, invest in growth, and build stronger businesses and communities.