SomerCor Blog

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Mayor Johnson Announces Neighborhood Opportunity Fund Finalists

Mayor Brandon Johnson announced fifteen small businesses as the next round of Neighborhood Opportunity Fund...
june25 Rate

June 2025 SBA 504 Interest Rates

25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.20% The June 2025...
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Financing for Restaurants: Three Reasons to Use the SBA 504 Program

Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
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Tel Aviv Slices: SBIF Feature in North Park

SBIF Grant Impact (Lincoln Ave) Or Gera is the owner of the business Tel Aviv Slices...
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Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
frontlineag (2)

Front Line Ag: SomerCor SBA 504 Feature

Owners Chase Aylesworth and Alec Murphy founded Front Line Ag in 2022 - consolidating their...
may25 Rate

May 2025 SBA 504 Interest Rates

25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...
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Daily Herald: Business Service Organizations Join Forces to Support Entrepreneurs

To meet the capital needs of small businesses, service organizations must be creative in expanding...
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SBA 504 Loan Program Key to Made in America Manufacturing Initiative

SomerCor President & CEO, Manny Flores, was on hand for the U.S. Small Business Administration...
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SomerCor Partners with Commercial Real Estate Professionals on SBA 504 Lending

SomerCor is a valued resource for commercial real estate professionals to help their small business...