SomerCor Blog

A duck street restaurant with the words " tif " on it.

SBIF Client Feature Story: Dock’s Great Fish

05/06/2024
  Grantee Profile Dock's Great Fish has been in Chicago for over 35 years, known...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
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Daily Herald: Think Big about the SBA 504 Loan

04/30/2024
When most people envision small businesses, they typically imagine mom-and-pop shops. But did you know...
Business Owner Resource / Media / News and Updates / SBA 504
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Earth Day: Go Green with an SBA 504 Loan

04/22/2024
According to the U.S. Green Building Council, "high-performing green buildings, particularly LEED-certified buildings, provide the...
Business Owner Resource / Green Energy / SBA 504
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Financing for Child Care Services: Three Reasons to Use the SBA 504 Program

04/17/2024
Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
Business Owner Resource / Childcare/Education / SBA 504
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April 2024 SBA 504 Interest Rates

04/11/2024
The April 2024 SBA 504 debenture pricing was competed on April 11, 2024. 25 Year...
SBA 504 / SBA Interest Rates
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SBIF Client Feature Story: Platt Luggage, Inc

03/25/2024
Company Profile Platt Luggage, Inc. is a fourth generation family business that manufactures high quality...
Chicago / Client Success Stories / Illinois / Manufacturing / Renovation / SBIF Grant
A woman sitting in front of a table with a vase.

Siblana Events: SomerCor SBA 504 Feature

03/13/2024
Company Profile Siblana Events is an event and floral design company that specializes in translating...
Client Success Stories / Commercial Real Estate / Illinois / Loan / Renovation / SBA 504
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March 2024 SBA 504 Interest Rates

03/07/2024
The March 2024 SBA 504 debenture pricing was completed on March 7, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A man sitting at the counter of a store.

Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

03/04/2024
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Business Owner Resource / SBA 504
A couple is smiling for the camera in front of construction equipment.

Production Rentals Chicago Limited: SomerCor SBA 504 Feature

02/29/2024
Company Profile Production Rentals Chicago (PRC) was founded in 2016 by Monoleto Wilborn and Natasha...
Client Success Stories / Commercial Real Estate / Illinois / SBA 504 / Storage/Warehouse

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