SomerCor Blog
SomerCor Names Hannah White as Managing Director of Development and Strategic Partnerships, Spearheading Philanthropic Initiatives
CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC), today announced the appointment of Hannah White, Managing...
May 2026 SBA 504 Interest Rates
SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms5.95%5.71%5.97%20 Year Terms6.01%5.76%6.03%10 Year...
Daily Herald: Own the Business, Own the Building.
Small Business Week is here, and SomerCor is ready to help more local entrepreneurs access...
Earth Day: Go Green with an SBA 504 Loan
According to the U.S. Green Building Council, "high-performing green buildings, particularly LEED-certified buildings, provide the...
Financing for Fitness Centers: Three Reasons to Use the SBA 504 Program
Opening and operating a fitness center requires significant upfront costs and ongoing expenses. From purchasing...
April 2026 SBA 504 Interest Rates
25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.94%5.98%5.61%SBA 504 Rates...
2026 SBA Illinois Lender Forums
The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...
SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses
CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA...
