SomerCor Blog
SBA Expands 504 Debt Refinance Program
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
October 2024 SBA 504 Interest Rates
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
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...
Daily Herald: SBA 504 Financing for Ground-Up Construction
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Grub Berry: NOF Feature in North Lawndale
Winston Cockburn is the Managing Director at Wincorp Ventures. In 2018, Mr. Cockburn acquired a...
September 2024 SBA 504 Interest Rates
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...
SBDCs – Free Resources for Entrepreneurs to Start, Sustain, and Scale up
Business owners - especially those at the start of their journey - wear many hats....
