SomerCor Blog

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Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

11/20/2023
The SBA 504 loan program is a great option for skilled trade professionals looking to...
Business Owner Resource / Commercial Real Estate / Construction/Trades / Refinance / Renovation / SBA 504
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SBA 504 Program Enhancements: Refinance & ALP Express Updates

11/14/2023
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
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November 2023 SBA 504 Interest Rates

11/09/2023
The November 2023 SBA 504 debenture pricing was competed on November 9, 2023. 25 Year...
SBA 504 / SBA Interest Rates
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SomerCor Expands Its Small Business Lending to Northwest Indiana

11/01/2023
SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...
Indiana / News and Updates / Press Release / SBA 504 / SomerCor Updates
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SBIF Client Feature Story: Almacenes Mexico

10/12/2023
Grantee Profile Almacenes Mexico is a retail clothing store owned and operated by Delfin Delgado....
Chicago / Client Success Stories / Renovation / Retail / SBIF Grant
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October 2023 SBA 504 Interest Rates

10/05/2023
The October 2023 SBA 504 debenture pricing was competed on October 5, 2023. April 2024...
SBA 504 / SBA Interest Rates
A hand holding out a sign that says, " franchise."

SBA 504 Loans – The Best Kept Secret For Franchise Financing

09/28/2023
Are you a looking to finance a franchise location? Consider the SBA 504 loan -...
Business Owner Resource / Commercial Real Estate / Franchise / Ground-Up Construction / Renovation / SBA 504
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September 2023 SBA 504 Interest Rates

09/07/2023
The September 2023 SBA 504 debenture pricing was competed on September 7, 2023. 25 Year...
SBA 504 / SBA Interest Rates
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SomerCor’s Five Lender FAQ’s About the SBA 504 REFI

08/31/2023
The 504 REFI is a trusted, strategic debt restructuring solution. First launched as a pilot...
Lender Resource / Refinance / SBA 504 Refinance
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McCann Industries: SomerCor SBA 504 Feature

08/29/2023
Company Profile McCann Industries Inc. is a family-owned business founded in 1967. It is a...
Automotive / Client Success Stories / Commercial Real Estate / Illinois / Renovation / SBA 504

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