Expansion Capital Group Joins The $100 Million Club

Expansion Capital Group has officially lent its one hundred millionth dollar since inception. In an e-mail, the Sioux Falls, South Dakota-based lender said they’re proud of the small businesses they’ve helped along the way. And they’re helping them at increasing speed, records indicate. The company celebrated its $50 million milestone less than 9 months ago, which means they’re lending more than $50 million a year.

In November, the company announced the closing of a $25 Million credit facility through Northlight Financial and Bastion Management to support their rapid growth.