SomerCor

A man sitting at the counter of a store.

Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

03/04/2024
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Business Owner Resource / SBA 504
A couple is smiling for the camera in front of construction equipment.

Production Rentals Chicago Limited: SomerCor SBA 504 Feature

02/29/2024
Company Profile Production Rentals Chicago (PRC) was founded in 2016 by Monoleto Wilborn and Natasha...
Client Success Stories / Commercial Real Estate / Illinois / SBA 504 / Storage/Warehouse
A woman sitting in front of a wall with the words " february 2 0 2 4 sba interest rates ".

February 2024 SBA 504 Interest Rates

02/08/2024
The February 2024 SBA 504 debenture pricing was competed on February 8, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A man holding an ipad in his hand.

January 2024 SBA 504 Interest Rates

01/11/2024
The May 2024 SBA 504 debenture pricing was competed on January 11, 2024. 25 Year...
SBA 504 / SBA 504 Refinance / SBA Interest Rates
A woman smiling and holding onto some money

Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan

01/08/2024
The SBA 504 loan program is one of the most popular financing programs offered by...
Business Owner Resource / Media / News and Updates / SBA 504
Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

01/06/2024
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
A man and woman holding a sign in front of them.

SomerCor’s Top 10 SBA 504 Program FAQs

12/20/2023
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
Two men standing in a kitchen with one man leaning on the other.

Financing for Restaurants: Three Reasons to Use the SBA 504 Program

12/14/2023
Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
Bars/Restaurants / Business Owner Resource / Commercial Real Estate / SBA 504
A woman smiling in front of the sba interest rates banner.

December 2023 SBA 504 Interest Rates

12/07/2023
The December 2023 SBA 504 debenture pricing was completed on December 7, 2023. 25 Year...
SBA 504 / SBA Interest Rates
A picture of a person with a business logo.

Daily Herald: SomerCor CEO Celebrates Big Milestones

11/29/2023
November 2023 marked five years at the helm for SomerCor President & CEO, Manny Flores....
Media / News and Updates / SBA 504 / SomerCor Updates

Categories

Archives