SomerCor Blog

January 2026 SBA 504 rates with technician

January 2026 SBA 504 Interest Rates

25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...
Buddy Bear Car Wash Chicago entrance sign

Buddy Bear Car Wash: SomerCor SBA 504 Loan Feature

Tradition, Legacy, Entrepreneurship For more than fifty years, Phil Degeratto’s Buddy Bear Car Washes have...
Download FY2025 SomerCor partnership report

FY2025 SomerCor Impact Report

This season is a time for reflection and gratitude. We are proud to share the...
Presentation slide with speaker photo and logos

Daily Herald: Supercharging Illinois Manufacturers

Manufacturing is part of who we are in Illinois. From food processing, to machinery, to...
December 2025 SBA 504 rates 25yr 5.82%

December 2025 SBA 504 Interest Rates

25 Year Term 5.82% 20 Year Term 5.88% 10 Year Term 5.65% The December 2025...
Sunrock Ceramics building exterior, Broadview, Illinois

Sunrock Ceramics: SBA 504 Loan Feature

Kiln Creations: For twenty years, Sunrock Ceramics has been a manufacturer for manufacturers. Founded in...
Smiling woman holding plate of tofu and noodles

Phoenix Bean: SBIF Feature in Edgewater

SBIF Grant Impact (Bryn Mawr/Broadway) For 25 years, the Small Business Improvement Fund (SBIF) has...
SomerCor recognized as Inc. Power Partner 2025

SomerCor is a 2025 Inc. Power Partner Award Winner

SomerCor Recognized as a 2025 Inc. Power Partner Award Winner The annual list recognizes the...
Two people holding SomerCor oversized loan check

Krimson Security & Fingerprinting: SomerCor SBA 504 Loan Feature

Safe and secure: For Sergeant First Class Ryan Kern, a U.S Army veteran, keeping communities...
American flag with SBA 504 veteran loan announcement

SomerCor’s SBA 504 Loan Program Benefit for Veterans 

For veteran-owned businesses, SomerCor’s SBA 504 loan program is a great way to build, buy,...