Sioux Falls, SD— For the second year in a row, Inc. 5000 named Expansion Capital Group (ECG) among The Most Successful Companies in America.
Over the past 3 years, ECG has grown by over 97% percent, adding over 20 new employees and $31.3 million in new revenue along the way.
Headquartered in Sioux Falls, ECG is a technology-enabled specialty lender that has provided approximately $350 million in working capital to over 12,000 small businesses in the United States. In 2018, ECG was named in the top 20 percent of the Fastest Growing Private Companies in America by Inc. 5000 and the 2nd Fastest Growing Private Company in South Dakota. This year, in addition to being on Inc. 5000’s list of fastest growing private companies, ECG has been named among the ‘Best Places to Work in Financial Technology in 2019’ by American Banker and SourceMedia.
Vincent Ney, founder, president and CEO of Expansion Capital Group, said, “This recognition puts the spotlight on each and every one of our hardworking employees at ECG. Our team has worked tirelessly towards our mission to provide fast, flexible funding to America’s small businesses. Our continued investment in our lead referral partnerships, technology platform, people, culture, and proprietary risk-based analytics modeling platform has positioned ECG into a place of continuity during a time of rapid growth. We’re grateful to our team and our clients for helping ECG reach this distinction.”
Herk Christie, COO of Expansion Capital Group, added, “ECG is proud of the service we provide to American small business owners in all fifty states. Too often, the businesses we serve have had to put their plans on hold after being turned away by traditional banks. ECG provides an alternative financing option that helps businesses access capital and grow to the next level. We’re helping America’s small businesses grow — and we’re doing it the right way.”
About Expansion Capital Group
Expansion Capital Group (“ECG”) is headquartered in Sioux Falls, SD with an additional office in Wilmington, DE. ECG is a technology-enabled specialty lender that leverages data and analytics to offer customized solutions for small businesses. Since inception in 2013, ECG has provided approximately $350 million in working capital to over 12,000 small businesses throughout the United States.
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