SomerCor Blog

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SBIF Client Feature Story: Platt Luggage, Inc

03/25/2024
Company Profile Platt Luggage, Inc. is a fourth generation family business that manufactures high quality...
Chicago / Client Success Stories / Illinois / Manufacturing / Renovation / SBIF Grant
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Siblana Events: SomerCor SBA 504 Feature

03/13/2024
Company Profile Siblana Events is an event and floral design company that specializes in translating...
Client Success Stories / Commercial Real Estate / Illinois / Loan / Renovation / SBA 504
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March 2024 SBA 504 Interest Rates

03/07/2024
The March 2024 SBA 504 debenture pricing was completed on March 7, 2024. 25 Year...
SBA 504 / SBA Interest Rates
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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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