SomerCor Blog
SBA 504 Loan Fees Waived for Manufacturers
Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
Growth Opportunities for Manufacturers: SBA 504 Equipment Loans
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program
The SBA 504 loan program is a great option for skilled trade professionals looking to...
September 2025 SBA 504 Interest Rates
25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
Daily Herald: Own a business? Own your building with the SBA 504 loan
If you own a business, owning your building offers financial and operational benefits. The SBA...
SomerCor’s Top 10 SBA 504 Program FAQs
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
SBA 504 Offers Secure Small Business Lending Option for Banks
The SBA 504 program offers banks a secure lending option to help small business clients...