SomerCor Blog
December 2024 SBA 504 Interest Rates
25 Year Term 6.09% 20 Year Term 6.16% 10 Year Term 6.46% The December 2024...
Certified Development Companies Provide Critical SBA Program Expertise to Lenders
According to the 2024 Federal Deposit Insurance Corporation (FDIC) Small Business Lending Survey, lack of...
Financing for Professional Services: Three Reasons to Use the SBA 504 Program
Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
November 2024 SBA 504 Interest Rates
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.46% The November 2024...
SCORE Chicago – Free Mentoring for Business Owners
Business owners - especially those at the start of their journey - wear many hats....
Maximization for Manufacturers: Three Reasons to Use the SBA 504 Program
According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
SBA Expands 504 Debt Refinance Program
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...