SomerCor

nov24 Rate

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

According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
hhapkido (1)

Hyun’s Hapkido: SBIF Feature in Avondale

Hyun's Hapkido Taekwondo and Self-Defense School has operated at the intersection of of Diversey, Western,...
Copy of 2021-2enhancements (3)

SBA Expands 504 Debt Refinance Program

The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
oct24 Rate

October 2024 SBA 504 Interest Rates

25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
PRESS-RELEASE-Social-FY2025

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

SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
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Financing for Fitness Centers: Three Reasons to Use the SBA 504 Program

Opening and operating a fitness center requires significant upfront costs and ongoing expenses. From purchasing...
dailyherald-lisarticle (1)

Daily Herald: SBA 504 Financing for Ground-Up Construction

Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
grubberry

Grub Berry: NOF Feature in North Lawndale

Winston Cockburn is the Managing Director at Wincorp Ventures. In 2018, Mr. Cockburn acquired a...
sept24 Rate

September 2024 SBA 504 Interest Rates

25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...

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