SomerCor Blog
SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...
January 2025 SBA 504 Interest Rates
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...
Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...
SBA 504 ALP Express Program Made Permanent
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Letter from the CEO: Reflections on 2024
It has been a remarkable year for the U.S. Small Business Administration (SBA) 504 loan...
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...
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...