SomerCor Blog

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Green Llama Cafe: NOF Feature in Humboldt Park

Company Profile Established in 1972, Rincon Family Services (RFS) is a pillar of Chicago’s West...
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August 2024 SBA 504 Interest Rates

25 Year Term 6.04% 20 Year Term 6.11% 10 Year Term 6.48% The August 2024...
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Daily Herald: Close CRE Deals with the SBA 504 Loan

The commercial real estate market continues to find its footing after the pandemic. Business owners...
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Shakespear Rose: NOF Feature in Woodlawn

Company Profile Shakespear Rose Culinary Kitchen is a Black and woman-owned catering company in Woodlawn....
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July 2024 SBA 504 Interest Rates

The July 2024 SBA 504 debenture pricing was competed on July 11, 2024. 25 Year...
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Jamaican Jerk Villa: NOF Feature in Auburn Gresham

Company Profile Started by Peter McKnight and his mother in 2002, Jamaican Jerk Villa is...
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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...
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Alpha Tekniko: SomerCor SBA 504 Feature

Alpha Tekniko is an FDA-registered developer and manufacturer of custom support surfaces for a variety...
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Wiley’s Chicken & Ribs: SBIF Feature in West Garfield Park

Wiley's Chicken & Ribs is a BBQ restaurant in West Garfield Park. Since opening in...
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SBA 504 Program Green Energy Loans

To be eligible for an SBA 504 Green Loan, borrowers must meet one of these...