SomerCor Blog

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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...
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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...
Jan26Rate (1)

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...
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2026 SBA Illinois Lender Forums

The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...
DPAP BLOG Press Release

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...
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SomerCor Down Payment Assistance Program

Own the Business. Own the Building.   SomerCor helps small businesses purchase owner-occupied commercial real estate through the...
Flyer SomerCor Golf Outing 2026

SomerCor VetLoan Advantage Charity Golf Outing  

Support Military Veteran-owned Businesses at SomerCor’s Annual Charity Golf Outing!  SomerCor is a 501(c)3 organization that raises funds...
Jan26Rate

March 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.72%5.78%5.61%SBA 504 Rates...
SomerCor Expands its Board of Directors, Emphasizes Strategic Partnerships

SomerCor Expands Board of Directors, Emphasizing Strategic Partnerships 

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and...
Tax Webinar 312 (Presentation)

Webinar Recording: Growing Manufacturing in 2026

Game-Changing Tax Breaks and Resources for Manufacturers Join manufacturing resource providers, tax professionals, and SBA...