The SomerCor Way
Mission
We are catalysts for the entrepreneurial dream. We assist in bringing the entrepreneurial vision into reality through impactful financial solutions. We help businesses grow and positively impact the owners, employees, and communities.
Vision
To be a premier SBA lending and economic development company; thereby helping as many Americans as possible take the next steps towards fulfilling their entrepreneurial dreams.
Values
We care about our clients and believe in treating them with compassion, integrity, fairness, and honesty. We work efficiently and ethically with our partners to provide outstanding customer service and tangible results. In doing so, we have the greatest positive impact on our clients, their businesses, employees, and communities.
SomerCor is a U.S. tax-exempt 501(c)(3) organization.
Excellence in Service and Integrity
SomerCor is an Accredited Lender Program (ALP) Certified Development Company. ALP status is a prestigious designation granted by the U.S. Small Business Administration to high performing, non-profit SBA 504 lending companies.
SomerCor is a Better Business Bureau accredited business with an A+ rating.
SBA Lending Expertise
Partnering with SomerCor means collaborating with a trusted SBA lending resource. We build lasting relationships with financial institutions, including banks, credit unions, and alternative lenders. By working with us to finance SBA 504 loans, lenders can:
Grant Administration Expertise
SomerCor administers grant and loan funds provided by economic development organizations, including municipalities. By partnering with us, organizations can enhance their impact and extend their reach, creating more jobs, stimulating the local economy, and broadening the tax base.
Your Trusted Partner
At SomerCor, we understand the challenges you face and the hard work you put in to create an economic impact. We are not just a service provider; we are your partner in success. Whether you're a business owner, a lender, or an economic development organization, we are here to deliver impactful financial solutions tailored to your specific needs. Contact us today, and let us help you achieve your business goals.
SomerCor Significant Events
Proudly affiliated with:
Management Operations
Small Business Grant Programs
SBA 504
Community Engagement
Kimberly Brisky
Senior Managing Dir. of Communications and Engagement
(312) 360-3330
kbrisky@somercor.com
SBA 504 Loan Origination
SBA 504 Underwriting
SBA 504 Closing
Servicing
Board of Directors
The SomerCor Board of Directors is comprised of a diverse and dynamic group of senior-level professionals and entrepreneurs. They bring banking, finance, economic development, real estate, legal, marketing, accounting, and fintech expertise.
Our Board provides corporate governance oversight and helps shape the SomerCor strategic vision.
Margy Sweeney
Chairman
Founder & CEO
Akrete
Thomas Huffman
Vice Chairman
Executive Vice President, Wintrust SBA Lending
Wintrust Community Banks
Jon Winick
Chairman Emeritus
Chief Executive Officer
Clark Street Capital
Dean Avdalas
Senior Vice President, Commercial Lending
Byline Bank
Jeffrey Bronswick
James Bruno
Vice President, Area Manager
JPMorgan Chase
Brian Burke
Senior Vice President, Commercial Banking
Old National Bank
Manuel Flores
President & CEO
SomerCor
Michael Martino
Head of Chicago Emerging Middle Market Banking
Fifth Third Bank
Erica McPherson
Michael Plumb
Principal
Lee & Associates of Illinois, LLC
William W. Towns, PhD, MBA
National Market President for Community Revitalization and Public Housing
Gorman & Company
Julie Winterbauer
Simon Yohanan
Senior Vice President, Managing Director of Middle Market Banking
First Bank Chicago