SomerCor

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Certified Development Companies Provide Critical SBA Program Expertise to Lenders

According to the 2024 Federal Deposit Insurance Corporation (FDIC) Small Business Lending Survey, lack of...
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Production Rentals Chicago Limited: SomerCor SBA 504 Feature

Company Profile Production Rentals Chicago (PRC) was founded in 2016 by Monoleto Wilborn and Natasha...
Small Business Improvement Fund Feature: In-On Tai - Wilson Yard TIF

In-On Thai: SBIF Feature in Uptown

Company Profile After closing their first location, In-On Thai owner, Atichat Srisawangpan, along with his...
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Warehousing & Logistics: Expand Your Reach With the SBA 504

The warehouse and logistics industry is responsible for the movement, storage, and flow of goods....
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Letter from the CEO: Reflections on 2024

It has been a remarkable year for the U.S. Small Business Administration (SBA) 504 loan...
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SBA 504 Refi is a Win-Win for Banks and Borrowers

The SBA 504 Refinance Program is a strategic debt restructuring solution that helps your bank...
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Financing for Health Care Providers: Three Reasons to Use the SBA 504 Program

Health care providers in private practice wear many hats. In addition to being a critical...
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December 2024 SBA 504 Interest Rates

25 Year Term 6.09% 20 Year Term 6.16% 10 Year Term 6.46% The December 2024...
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Financing for Professional Services: Three Reasons to Use the SBA 504 Program

Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
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November 2024 SBA 504 Interest Rates

25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.46% The November 2024...

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