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.

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SomerCor celebrates 30 years at client Vanille Patisserie

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 $1.84 billion in SBA loans to 2,793 businesses in 1,770 communities, leading to the creation of 21,935 jobs. Our mission is to grow businesses, create jobs, and increase impactful investment in every community through SBA loans and grants.

PupStars Pet Care (Photo credit: Pascal Sabino, Block Club Chicago)

Wehrli Custom Fabrication

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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.