Accounts Receivable Factoring
Turn your unpaid invoices into immediate cash flow, with funding based on a percentage of each invoice's value.
Learn More about Accounts Receivable FactoringFinancing Solutions
Expansion Capital Group delivers a broad range of financial solutions, empowering business owners to access capital when they need it.
Talk to a Funding Advisor
Monday–Friday, 8am–5pm CT
Find The Right Funding For Your Business
Business Loan or Funding
Support your general business needs with a lump sum of capital and fixed payments over a set term.
Learn More about Business Loan or FundingEquipment Leasing
Access the equipment you need without buying it outright, with payments built around your cash flow.
Learn More about Equipment LeasingSame Day Business Loans
Get cash quickly for payroll, inventory, repairs, or a time-sensitive opportunity, with a decision in as little as 30 minutes and funding available the same day.*
Learn More about Same Day Business LoansRevenue-Based Financing
Access capital sized to your business's revenue, giving you an alternative to a traditional bank loan.
Learn More about Revenue-Based FinancingSBA Business Loan
SBA loans can help your business access financing through a government-backed program.
Learn More about SBA Business LoanQualify for small business funding?
We work with hundreds of types of small businesses across the United States to help them grow. ECG delivers a fast & simple process, focuses on the highest level of service, and creates custom solutions for each of our clients. These are the 6 basics we review to determine eligibility. If you have these bases covered, fill out our simple application, and let’s get going!
In Business 6+ Months
After six months, we know your business has staying power.
Personal Credit Score 500+
While your credit doesn’t need to be perfect, a score over 500 tells us you’re a good match for one of our products. This score minimum applies to any co-owners as well!
At Least $8,000 in Monthly Revenue
A healthy business shows regular income through bank statements.
Business in One of the 700+ Categories
While we can fund most businesses, there are some we do not – let’s chat!
Active Business Checking Account
A business checking account helps us verify your revenue and ensures funding can be deposited quickly.
Not a Startup
ECG only provides funding to established businesses, but we do have some resources for businesses looking to get off the ground.
Compare Your Options
Depending on your qualifications, you may have options for securing funding. In a world full of choices, we've outlined how securing funding from ECG stacks up to other solutions.
A Small Business Administration Loan or “SBA” can be a source of funds for your business if you don’t have a 10% down payment, great credit, and the time to apply for multiple funding elements. The faster and simpler solution is funding from ECG, though this is one of the products we offer and recommend for businesses in those specific circumstances.
Wait Time
- SBA: Long Review Process
Banks can take 6 weeks minimum, and in some cases upwards of 3–6 months, to get through underwriting and get you your funds. ECG’s process can take 1-2 days in total! - ECG: Fast Approval
You’ll receive a quote within 24 hours and money in your account as fast as two business days so that you can act quickly on opportunities for your business.
Flexibility
- SBA: Funds Must Be Used For Defined Needs Only
Your business plan must be followed, or you might lose your funding. That means if something changes that is out of your control, you can’t use the funds to get back on track. - ECG: Use of Funds is Up to You
ECG funding can be used to purchase new equipment, train staff, or cover payroll for new hires. You know your business, and funds are to help your business grow.
Paperwork
- SBA: Detailed and Complicated Paperwork Required
You must submit a formal business plan, provide proof of multiple financial, legal, and business-related credentials, and be monitored by both the SBA government agency and your final lending bank. - ECG: Minimal Paperwork Required
Just complete our quick & simple online form or call us at (605) 250-5036. We’ll contact you to get the rest of your information and copies of some basic documents. That’s it!
ECG Also Offers:
- No Money Down
We don’t ask for or expect a good-faith down payment. SBA loans require at least 10% down. - ECG Disburses All Your Funds
Often, with SBA loans, your project is monitored, and your funds are disbursed only as the project progresses.
A typical business bank loan can work for many who have a proven record of profitability and a spotless financial history. But if you have an active lien, recent bankruptcies or foreclosures, past due bills, or just don’t have great credit, you probably can’t qualify with a bank.
What is a Business Bank Loan?
A Business Bank Loan is any loan offered by a traditional bank specifically for businesses. Usually, these loans are separated into categories based on the use, such as commercial real estate, expansion and improvement, and equipment purchases. Much like obtaining a personal loan or mortgage from a bank, a myriad of documents are required to establish your credit history.
Business History
- Banks: Commence Credit Scrutiny
Your every financial misstep, business and personal, for the last 2 years will be examined and could ruin your chances for approval. That means big things, like bankruptcies, as well as seemingly minor items, like missed bill payments. - ECG: Cash Flow is Key
Proof of a healthy cash flow is the primary factor in approving your funding from ECG. We don’t pick through your entire credit history to find rejection criteria; we look for ways to say, “Yes!”
Wait Time
- Banks: Long Review Process
Banks can take weeks and even months, in some cases, to get through underwriting, to review your business plans, and then get you your funds. Can your business wait that long? It can’t—call ECG. - ECG: Fast Approval
You’ll receive a quote within 24 hours and money in your account as fast as two business days so that you can act quickly on opportunities for your business.
Flexibility
- Banks: Funds Must Be Used For Defined Needs Only
Your business plan must be followed, or you might lose your funding. That means if something changes that is out of your control, you can’t use the funds to get back on track. - ECG: Use of Funds is Up to You
ECG funding can be used to purchase new equipment, train staff, or cover payroll for new hires. You know your business, and funds are to help your business grow.
Paperwork
- Banks: Detailed and Complicated Paperwork Required
You must submit a formal business plan, provide proof of multiple financial, legal, and business-related credentials, and be monitored by both the SBA government agency and your final lending bank. - ECG: Minimal Paperwork Required
Just complete our quick & simple online form or call us at (605) 250-5036. We’ll contact you to get the rest of your information and copies of some basic documents. That’s it!
Is a government grant a funding option for your business? Don’t believe the bait & switch tactics of unscrupulous companies.
Many companies promise to help you find grants for your business, but they are really just getting your contact information and trying to sell you other products. Very few companies qualify for the rare grants offered by the U.S. Government.
What is a Government Grant?
The coveted Government Grant sounds too good to be true—and usually is. The government isn’t looking to subsidize most businesses, just certain kinds—like companies researching treatments for diseases and alternative energy solutions.
Qualifications
- Government Grant: Select Fields
Usually, businesses in fields like medical research, education, and alternative energy get government grants. If you are in one of those fields, you may be able to get funding for your business, but expect to produce a detailed business plan with usable research, innovation, and/or new job creation. Check out Research Grants for Small Businesses. - ECG: Focused on performance
Businesses with strong performance, even owners with poor credit histories, can be approved. Call a Funding Advisor to review your business.
Wait Time
- Banks: Long Review Process
The government can take 30 days to 18 months to review applications. If the application is approved, funds may take 1-3 months to be deposited into your account. - ECG: Fast Approval
You’ll receive a quote within 24 hours and money in your account as fast as two business days so that you can act quickly on opportunities for your business. Additional loans for clients in good standing are possible, and our process is streamlined to get you more money sooner.
Collateral
- Government Grant: Not So Easy Money
Expect to produce a reasonable business plan, put up a portion of the funding up front, and use your own assets for collateral. - ECG: Personal Collateral Optional
Pledge of only business assets in certain cases. Tax liens or open bankruptcies in the last year may not disqualify your business—call us to discuss!
Paperwork
- Banks: Detailed and Complicated Paperwork Required
You must submit a formal business plan and proof of multiple financial, legal, and business-related credentials. - ECG: Minimal Paperwork Required
Just complete our quick & simple online form or call us at Call (877) 204-9203 or (605) 252-3635. We’ll contact you to get the rest of your information and copies of some basic documents. That’s it!
A Business Credit Card can come with rewards and is easy to use. However, if you don’t pay off the balance every month or your credit history is damaged. The safer and more convenient solution may be from Expansion Capital Group.
What is a business credit card?
Like a personal credit card, a business credit card allows you to spend money online at Point-of-Sale locations and withdraw cash at ATMs. Depending on the issuer, they are available with a range of annual fees, APRs, cash advance fees, rewards programs, and minimum required payments.
Payments
- Business Credit Card: Low Payments = You Owe More
Business credit cards often require interest-only payments that seem so small and easy, but they mean your balance grows every month, compounding based on an interest rate between 14% and 26%. Your debt will keep growing even if you stop spending—work with ECG instead! - ECG: Payments With Clear Terms
With ECG Funding, you will immediately begin remitting via daily automatic payments.
Application
- Business Credit Card: Easy to Apply, Easy to Spend
Even approval for a credit card can come with higher APRs and lower limits if your credit history isn’t stellar. And, because credit cards make it so easy to spend beyond your means, your personal credit score may suffer because of your business credit card. - ECG: Qualifying is Fast and Simple
Only a simple application and 3 months' bank and/or credit card statements are needed. Businesses with strong performance, even owners with poor credit histories, tax liens, and bankruptcies, can be approved at Expansion Capital Group.
Limits
- Business Credit Card: Risks & Rewards
Access to large credit card limits can mean you depend on that card for your business. And, if your credit card is ever stolen or lost, your funds dry up until you get a new one. Can your business afford to wait for that one? - ECG: Funds When You Need Them
Your ECG Funds will not impact your credit card balance or utilization.
Flexibility
- Business Credit Card: Cash Advances Come at a Premium
Expenditures that require cash or checks, like payroll and local vendor purchases, may require you to take a cash advance at a markup of 24%+, even if you pay off your card every month. - ECG: No Restrictions on Your Funds
Your money is yours to use; however, you need to grow your business. Use it for payroll, taxes, or to buy equipment & inventory. How you use it doesn’t change your payback amount.
An ECG loan of up to $500,000 can help your franchise grow and expand. Do you need financing for expansion, remodeling, or new equipment for your current franchises? Or maybe you see an opportunity to add an additional location to fill a market gap. The quick and simple solution may be funding from ECG.
- Who Qualifies?
Businesses with strong performance, even owners with poor credit histories, can be approved. - Simple Application Process?
Only a simple application and 3 months' bank and/or credit card statements are needed. - Personal Collateral Optional
Pledge of only business assets in certain cases. - Faster Approval
You’ll receive a quote within 24 hours and money in your account as fast as two business days. Banks can require up to 4–6 weeks. - Additional Loans are Simple and Fast
For clients in good standing, our process is streamlined to get you more money sooner. - Tax Liens or Bankruptcies
Tax liens or open bankruptcies in the last year may not disqualify your business—call us to discuss! - Small Daily Payments
Pay back your advance with small daily payments, unlike the larger monthly payments required by many banks. - No Spending Restrictions
Use your funds how you think works best for your business, even if it changes from your initial need. It’s your business; we’re just here to help it grow!
The statement that "funding can occur as fast as the same day" describes the fastest possible timeline and is neither typical nor guaranteed. Actual timing depends on the completeness of your application, ECG's review, the transfer method used, and the processing and cutoff times of your financial institution, which are outside ECG's control. Submitting an application does not guarantee approval, funding, or any particular terms.