Education

Big Deals, Big Impact – Rethinking Small Businesses  (3)

Daily Herald: Big Deals, Big Impact – Rethinking Small Businesses

The U.S. Small Business Administration 504 Loan program isn't just for the little guys -...
FY27 Waivers

SBA 504 Loan Fees Waived for Manufacturers

Effective October 1, 2026, the U.S. Small Business Administration (SBA) will extend fee waivers for...
A collage of photos with text that reads, preparing for professional services obligations to use the sba 5 0 4 program.

Financing for Professional Services: Three Reasons to Use the SBA 504 Program

Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
Pathway to Ownership Own the Business, Own the Building

Daily Herald: Pathway to Ownership – Own the Business, Own the Building with the SBA 504

Every day the SomerCor team sees firsthand how building ownership changes the trajectory of a...
Construction professionals shaking hands at job site

SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million

Effective July 4, 2026, the U.S. Small Business Administration (SBA) clarified policy intended to expand...
Outlined Illinois, Indiana, and Wisconsin with SBDC logos

SBDCs – Free Resources for Entrepreneurs to Start, Sustain, and Scale up

Business owners - especially those at the start of their journey - wear many hats....
Smiling doctor with stethoscope and clipboard

Financing for Health Care Providers: Three Reasons to Use the SBA 504 Program

Health care providers in private practice wear many hats. In addition to being a critical...
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Daily Herald: Own the Business, Own the Building.

Small Business Week is here, and SomerCor is ready to help more local entrepreneurs access...
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Earth Day: Go Green with an SBA 504 Loan

According to the U.S. Green Building Council, "high-performing green buildings, particularly LEED-certified buildings, provide the...
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Financing for Fitness Centers: Three Reasons to Use the SBA 504 Program

Opening and operating a fitness center requires significant upfront costs and ongoing expenses. From purchasing...

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