SomerCor Blog

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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
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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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February 2024 SBA 504 Interest Rates

02/08/2024
The February 2024 SBA 504 debenture pricing was competed on February 8, 2024. 25 Year...
SBA 504 / SBA Interest Rates
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January 2024 SBA 504 Interest Rates

01/11/2024
The May 2024 SBA 504 debenture pricing was competed on January 11, 2024. 25 Year...
SBA 504 / SBA 504 Refinance / SBA Interest Rates
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Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan

01/08/2024
The SBA 504 loan program is one of the most popular financing programs offered by...
Business Owner Resource / Media / News and Updates / SBA 504
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Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

01/06/2024
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
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SomerCor’s Top 10 SBA 504 Program FAQs

12/20/2023
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
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Financing for Restaurants: Three Reasons to Use the SBA 504 Program

12/14/2023
Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
Bars/Restaurants / Business Owner Resource / Commercial Real Estate / SBA 504
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December 2023 SBA 504 Interest Rates

12/07/2023
The December 2023 SBA 504 debenture pricing was completed on December 7, 2023. 25 Year...
SBA 504 / SBA Interest Rates
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Daily Herald: SomerCor CEO Celebrates Big Milestones

11/29/2023
November 2023 marked five years at the helm for SomerCor President & CEO, Manny Flores....
Media / News and Updates / SBA 504 / SomerCor Updates

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