SomerCor Blog

Smiling factory worker beside SBA 504 interest rates

November 2025 SBA 504 Interest Rates

25 Year Term 5.86% 20 Year Term 5.92% 10 Year Term 5.65% The November 2025...
Busy Beaver Buttons storefront in Chicago

Busy Beaver Buttons & Merch: SomerCor SBA 504 Loan Feature

Busy Beaver Buttons and Merch: What started as a one-person operation run from a college...
October 2025 SBA 504 rates 25yr 5.92%

October 2025 SBA 504 Interest Rates

25 Year Term 5.92% 20 Year Term 5.98% 10 Year Term 5.59% The October 2025...
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Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing

October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
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Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

The SBA 504 loan program is a great option for skilled trade professionals looking to...
September 2025 SBA 504 rates 25yr 6.00%

September 2025 SBA 504 Interest Rates

25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
Daily Herald business feature with headshot

Daily Herald: Own a business? Own your building with the SBA 504 loan

If you own a business, owning your building offers financial and operational benefits. The SBA...
Snow Family Dental staff celebrating SBA 504 loan

Snow Family Dental: SomerCor SBA 504 Feature

Founded in 2015, Snow Family Dental, LLC, is a restorative and preventative general dentistry practice...
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SomerCor’s Top 10 SBA 504 Program FAQs

What is the SBA 504 program? The SBA 504 loan program is the premier economic...