SomerCor
November 2024 SBA 504 Interest Rates
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.46% The November 2024...
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...
SBA Expands 504 Debt Refinance Program
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
October 2024 SBA 504 Interest Rates
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
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...
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...