SomerCor Blog

surgebilliards (1)

Surge Billiards, Inc: SomerCor SBA 504 Feature

01/16/2025
Surge Coffee Bar & Billiards was founded in 2017 by husband and wife, Wahib Merchant...
Bars/Restaurants / Client Success Stories / Entertainment / Illinois / Loan / Refinance / SBA 504 Refinance
Jan 25 Rate

January 2025 SBA 504 Interest Rates

01/09/2025
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...
SBA 504 / SBA Interest Rates
dailyherald-MAG (2)

Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital

01/06/2025
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...
Lender Resource / Media / News and Updates / SBA 504
Copy of 2021-2enhancements (4)

SBA 504 ALP Express Program Made Permanent

01/02/2025
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
2024reflections (2)

Letter from the CEO: Reflections on 2024

12/27/2024
It has been a remarkable year for the U.S. Small Business Administration (SBA) 504 loan...
Lender Resource / SBA 504 / SomerCor Updates
A man holding a clipboard in front of shelves.

SBA 504 Refi is a Win-Win for Banks and Borrowers

12/18/2024
The SBA 504 Refinance Program is a strategic debt restructuring solution that helps your bank...
Lender Resource / Refinance / SBA 504 Refinance
frontlinehealthv2

Financing for Health Care Providers: Three Reasons to Use the SBA 504 Program

12/11/2024
Health care providers in private practice wear many hats. In addition to being a critical...
Business Owner Resource / Medical/Health Services / SBA 504
dec24 Rate

December 2024 SBA 504 Interest Rates

12/05/2024
25 Year Term 6.09% 20 Year Term 6.16% 10 Year Term 6.46% The December 2024...
SBA 504 / SBA Interest Rates
fdic graphic

Certified Development Companies Provide Critical SBA Program Expertise to Lenders

11/26/2024
According to the 2024 Federal Deposit Insurance Corporation (FDIC) Small Business Lending Survey, lack of...
Lender Resource / SBA 504
A collage of photos with text that reads, preparing for professional services obligations to use the sba 5 0 4 program.

Financing for Professional Services: Three Reasons to Use the SBA 504 Program

11/14/2024
Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
Business Owner Resource / Office/Professional Services / SBA 504

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