SBA Economic Injury Disaster Loan & Capital Advance

Updated as of April 1, 2020. **The Illinois District office of the U.S. Small…


CARES Act Impact on SBA Lending Programs

On March 27th, President Trump signed the Coronavirus Aid, Relief, and…


Illinois Hospitality Emergency Grant Program

The Illinois Department of Commerce and Economic Opportunity is spearheading a…


Small Business Cash Flow Management Strategies

Small businesses across the country are facing an unprecedented disruption due…


COVID-19 Federal, State & Local Resources

FEDERAL, STATE & LOCAL BUSINESS FINANCING RESOURCES Small Business…


Chicago Small Business Resiliency Fund

On March 19th, Mayor Lori Lightfoot announced the launch of the Chicago Small…


SomerCor Message to Borrowers and Lending Partners in Response to COVID-19

In response to COVID-19, or the coronavirus, SomerCor is prepared to continue…


SBIF Showcase: Bartucci Beauty Salon - Kinzie Industrial Corridor

Erin Bartucci dreamed of owning her own business, and after joining forces with…


Celebrating Black History Month - Growing Diversity & Inclusion Through Access to Business Capital

BY SOMERCOR PRESIDENT & CEO, MANNY FLORES For more than a quarter century,…