SomerCor Blog

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

June 2025 SBA 504 Interest Rates
25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.20% The June 2025...

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...

May 2025 SBA 504 Interest Rates
25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...

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...