Did you know that since its inception SomerCor has created over 16,500 jobs in the State of Illinois?

Founded in 1992, SomerCor 504, Inc. is a non-profit development company certified by the U.S. Small Business Administration (SBA) to originate SBA 504 loans in Illinois. Now the largest SBA lender in Chicago, SomerCor offers a range of services to help grow your business….
  • 504 Loans504 Loans

    Helps small businesses purchase long-term fixed assets such as real estate, improvements, and heavy equipment with a 20 year fixed interest rate.

  • SBIF GrantsSmall Business Improvement Fund

    Reimbursement grants from the City of Chicago to help commercial and industrial properties repair or remodel their facilities.

  • CAL LoansCommunity Advantage Loans

    Capital to help drive economic growth, job creation and economic development of Chicago’s most underserved communities.

  • SBA CoreSBA Core Solutions

    The only local SBA lender service provider, staffed by recognized authorities, in the ever-changing world of SBA lending.