Business Owner Resource

Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

09/23/2025
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
A man in blue shirt holding up a metal object.

Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

09/18/2025
The SBA 504 loan program is a great option for skilled trade professionals looking to...
Business Owner Resource / Commercial Real Estate / Construction/Trades / Refinance / Renovation / SBA 504
dailyherald

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

09/06/2025
If you own a business, owning your building offers financial and operational benefits. The SBA...
Business Owner Resource / Media / News and Updates / SBA 504
10faq (1)

SomerCor’s Top 10 SBA 504 Program FAQs

08/25/2025
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
A woman and two children sitting at a table.

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

07/24/2025
Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
Business Owner Resource / Childcare/Education / SBA 504
ground up construction

Financing for Ground-Up Construction: Three Reasons to Use the SBA 504 Program

07/07/2025
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / SBA 504
Three people are sitting at a table with papers.

Top Three Tips for Small Businesses Applying for an SBA 504 Loan

06/25/2025
The SBA 504 loan program is the premier economic development initiative administered by the Small...
Business Owner Resource / SBA 504
504myths

Busting Five Myths About the SBA 504 Program

06/20/2025
The SBA 504 loan program is the premier economic development loan program administered by the...
Business Owner Resource / Lender Resource / SBA 504
Two men standing in a kitchen with one man leaning on the other.

Financing for Restaurants: Three Reasons to Use the SBA 504 Program

06/03/2025
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
A man sitting at the counter of a store.

Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

05/20/2025
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Business Owner Resource / SBA 504

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