SomerCor

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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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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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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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SCORE Chicago – Free Mentoring for Business Owners

Business owners - especially those at the start of their journey - wear many hats....
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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...
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Hyun’s Hapkido: SBIF Feature in Avondale

Hyun's Hapkido Taekwondo and Self-Defense School has operated at the intersection of of Diversey, Western,...
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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 graphic

October 2024 SBA 504 Interest Rates

25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...

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