Business Owner Resource

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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 Child Care Services: Three Reasons to Use the SBA 504 Program

Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
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Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
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Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan

The SBA 504 loan program is one of the most popular financing programs offered by...
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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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SomerCor’s Top 10 SBA 504 Program FAQs

What is the SBA 504 program? The SBA 504 loan program is the premier economic...
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Financing for Restaurants: Three Reasons to Use the SBA 504 Program

Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
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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...
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SBA 504 Loans – The Best Kept Secret For Franchise Financing

Are you a looking to finance a franchise location? Consider the SBA 504 loan -...
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SomerCor Partners with IMEC & Cook County to Support Manufacturers

On May 1st, SomerCor teamed up with IMEC, the Cook County Bureau of Economic Development...

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