Business Owner Resource

American flag with SBA 504 veteran loan announcement

SomerCor’s SBA 504 Loan Program Benefit for Veterans 

For veteran-owned businesses, SomerCor’s SBA 504 loan program is a great way to build, buy,...
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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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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...
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...
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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 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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Financing for Ground-Up Construction: Three Reasons to Use the SBA 504 Program

Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
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Top Three Tips for Small Businesses Applying for an SBA 504 Loan

The SBA 504 loan program is the premier economic development initiative administered by the Small...
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Busting Five Myths About the SBA 504 Program

The SBA 504 loan program is the premier economic development loan program administered by the...
Two men standing in a kitchen with one man leaning on the other.

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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