Month: October 2024

A man and woman in hard hats holding up their hands.

Maximization for Manufacturers: Three Reasons to Use the SBA 504 Program

10/24/2024
According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
Business Owner Resource / Manufacturing / SBA 504
Smiling martial arts instructor and studio exterior

Hyun’s Hapkido: SBIF Feature in Avondale

10/21/2024
Hyun's Hapkido Taekwondo and Self-Defense School has operated at the intersection of of Diversey, Western,...
Chicago / Client Success Stories / Fitness/Recreation / SBIF Grant
Two women discussing a loan application

SBA Expands 504 Debt Refinance Program

10/17/2024
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
Legislative/Regulatory / Lender Resource / Refinance / SBA 504 Refinance / SBA News
October 2024 SBA 504 interest rates graphic

October 2024 SBA 504 Interest Rates

10/10/2024
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
SBA 504 / SBA Interest Rates
Group of officials standing beside SomerCor banner

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

10/04/2024
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Legislative/Regulatory / Manufacturing / News and Updates / Press Release / Refinance / Renovation / SBA 504 / SBA News / SomerCor Updates

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