Dream It, Do It!

SomerCor provides SBA 504 Loans, SBA 504 Refinancing, SBA Community Advantage Loans, and administers the City of Chicago Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grant programs. We are the catalyst for the entrepreneurial dream to support your business expansion.

Growing your business? We are here to help.

SomerCor is a leading nonprofit lender, certified by the Small Business Administration. We have been providing SBA financing since 1992. We serve communities throughout Illinois, Kenosha, and Rock Counties in Wisconsin and Jasper, Lake, Newton, and Porter counties in Indiana. Customer service is one of our priorities. Our experienced team will provide tailored support to meet your needs.

Call (312) 360-3300, or email info@somercor.com, or submit an inquiry via the website to get started.

Growing Our Local Economy

Since 1992, SomerCor has deployed more than $1.77 billion in SBA loans to 3,807 businesses in 1,740 communities, leading to the creation of 46,637 jobs. Our mission is to grow businesses, create jobs, and increase impactful investment in every community through SBA loans and grants. 

Start Here

Let us help you. Fill out this form and a team member will be in touch. 

If you are inquiring if your business is in an eligible Small Business Improvement Fund (SBIF) grant district, please visit the SBIF eligibility page.

If you are inquiring about the City of Chicago Neighborhood Opportunity Fund, please visit their website here.

Client Stories

A group of people standing in front of a building.

Alpha Tekniko: SomerCor SBA 504 Feature

Alpha Tekniko is an FDA-registered developer and manufacturer of custom support surfaces...
hhapkido (1)

Hyun’s Hapkido: SBIF Feature in Avondale

Hyun's Hapkido Taekwondo and Self-Defense School has operated at the intersection of...
grubberry

Grub Berry: NOF Feature in North Lawndale

Winston Cockburn is the Managing Director at Wincorp Ventures. In 2018, Mr....