SomerCor Blog

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August 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.27%6.03%6.29%20 Year Terms6.27%6.02%6.29%10 Year...
Steps to owning your business and building

Daily Herald: Pathway to Ownership – Own the Business, Own the Building with the SBA 504

Every day the SomerCor team sees firsthand how building ownership changes the trajectory of a...
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SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million

Effective July 4, 2026, the U.S. Small Business Administration (SBA) clarified policy intended to expand...
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Tel Aviv Slices: SBIF Feature in North Park

SBIF Grant Impact (Lincoln Ave) Or Gera is the owner of the business Tel Aviv Slices...
Factory worker beside July 2026 SBA rates

July 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.17%5.93%6.19%20 Year Terms6.20%5.95%6.22%10 Year...
Lina Embroidery ribbon cutting with SomerCor funding

Lina Embroidery: SomerCor 504 DPAP Feature

Made from Scratch: In 2002, Lina Smilgiene purchased her first embroidery machine and set up shop in her basement, blending...
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SBDCs – Free Resources for Entrepreneurs to Start, Sustain, and Scale up

Business owners - especially those at the start of their journey - wear many hats....
Construction worker alongside June 2026 SBA rates

June 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.11%5.87%6.13%20 Year Terms6.16%5.91%6.18%10 Year...
Three smiling professionals holding oversized ceremonial pencil

Angelica Garcilazo Insurance Agency: SomerCor 504 DPAP Feature

Small Business, Big Dreams: Customer service, professionalism, and trust have guided Angelica Garcilazo Agency Inc. since 2019. Namesake and owner Angelica Garcilazo...
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SomerCor at the SDA Achieve Summit Featured in the Chicago Tribune

SomerCor served as a title sponsor of the 2026 Southland Development Authority Summit. In partnership...