SomerCor Blog

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SomerCor Message to Borrowers and Lending Partners in Response to COVID-19

03/13/2020
In response to COVID-19, or the coronavirus, SomerCor is prepared to continue fulfilling our mission...
News and Updates
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SBIF Showcase: Bartucci Beauty Salon – Kinzie Industrial Corridor

03/12/2020
Erin Bartucci dreamed of owning her own business, and after joining forces with her husband, a talented...
Chicago / Office/Professional Services / SBIF Grant
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Celebrating Black History Month – Growing Diversity & Inclusion Through Access to Business Capital

02/28/2020
BY SOMERCOR PRESIDENT & CEO, MANNY FLORES For more than a quarter century, SomerCor has...
SBA 504
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SBA Administrator Carranza Testifies at U.S. House Small Business Committee Hearing

02/26/2020
Small Business Administrator Jovita Carranza testified today before the U.S. House Committee on Small Business. The...
SBA News
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Five Little Known Facts About SBA 504 Loans

02/21/2020
The core mission of the Small Business Administration (SBA) is to support the entrepreneurial dream....
Business Owner Resource / Lender Resource / SBA 504
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Daily Herald Business Ledger Profiles SomerCor President & CEO

02/12/2020
SomerCor President & CEO, Manny Flores, shares insight on leadership and serving the capital needs...
SBA 504
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SomerCor Launches Partnership with NAWBO Chicago to support Women Business Owners

02/03/2020
SomerCor is proud to announce a formalized partnership with NAWBO Chicago. Formed in 1978, it is...
News and Updates
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RMC Stadium Cinemas Saved with SBA 504 Debt Refinance

01/31/2020
Daniel Rogers, owner of RMC Stadium Cinemas in Jacksonville, IL,  has been in the theater...
Client Success Stories / Entertainment / Illinois / SBA 504 Refinance
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SBIF Showcase: Gateway to Learning – Western Ave North TIF

01/16/2020
Gateway to Learning is a non-profit serving adults with intellectual challenges and developmental disabilities in Chicago....
Chicago / Childcare/Education / Client Success Stories / SBIF Grant
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Fulton Grace Growth Fueled by SBA 504 Loan

01/08/2020
Fulton Grace is one of Chicago’s leading providers of comprehensive real estate services – ranging...
Chicago / Client Success Stories / Commercial Real Estate / Office/Professional Services / Renovation / SBA 504

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