SuperMoney
  Expansion Capital Group Small Business Financing

Expansion Capital Group Small Business Financing

in Business Loans from Expansion Capital Group, LLC

Unaffiliated

Expansion Capital Group Small Business Financing

Unaffiliated

in Business Loans from Expansion Capital Group, LLC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Expansion Capital Group Small Business Financing to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Loan Amount $5,000 - $500,000
APR 0%
Loan Term (Months) 3 - 12 months

Expansion Capital Group Small Business Financing Review

Expansion Capital Group Small Business Financing is a business financing offering by Expansion Capital Group, LLC, based in Sioux Falls, SD. Founded in 2013, Expansion Capital Group, LLC offers access to business loans in 50 states (and Washington, DC).

Expansion Capital Group Small Business Financing FAQ

What are Expansion Capital Group Small Business Financing’s rates?

Expansion Capital Group Small Business Financing offers a business financing product of 0%.

Does Expansion Capital Group Small Business Financing charge an origination fee?

Yes, Expansion Capital Group Small Business Financing charges a loan origination fee.

What limitations does Expansion Capital Group Small Business Financing set on the purpose of the loan?

Expansion Capital Group Small Business Financing considers loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Lease Improvement
  • New Location
  • Product or Service Expansion
  • Working capital

What types of business loans does Expansion Capital Group Small Business Financing offer?

Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Expansion Capital Group Small Business Financing provides access to the following business loan types:

  • Merchant Cash Advances

Does Expansion Capital Group Small Business Financing charge prepayment fees?

Yes, Expansion Capital Group Small Business Financing charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

How much can you borrow from Expansion Capital Group Small Business Financing?

Loan amounts start at $5,000 and go up to $500,000.

What is the maximum loan term you can get with Expansion Capital Group Small Business Financing?

Expansion Capital Group Small Business Financing offers business loans with terms ranging from 3 to 12 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for Expansion Capital Group Small Business Financing?

Expansion Capital Group Small Business Financing requires companies to be in business for at least 6 months. Businesses must have a minimum annual revenue of $100,000 to be considered.

Applicants with a credit score of at least 500 and up to 850 may be eligible for Expansion Capital Group Small Business Financing.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Expansion Capital Group Small Business Financing product fall outside of the MLA limits and as a result the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Expansion Capital Group Small Business Financing. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity

What is the estimated funding time for a business loan via Expansion Capital Group Small Business Financing?

Expansion Capital Group Small Business Financing can approve (or deny) a loan application within 24 hours and fund business loans within 2 business days of approval.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by Expansion Capital Group, LLC

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Credit Score Range 500 - 850
Employment Statuses Considered Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Months in Business 6
Minimum Revenue $100,000
Verification Documents Required
  • Proof of Income
  • Proof of Identity
Loan Amount $5,000 - $500,000
APR 0%
Loan Term 3 - 12 months

Be the first to rate

 

Would you recommend Expansion Capital Group Small Business Financing to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.