Business Owner Resource

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Maximization for Manufacturers: Three Reasons to Use the SBA 504 Program

02/22/2024
According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
Business Owner Resource / Manufacturing / SBA 504
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Financing for Professional Services: Three Reasons to Use the SBA 504 Program

01/24/2024
Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
Business Owner Resource / Office/Professional Services / SBA 504
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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
Two men in a factory looking at something on the ground.

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
Two men standing in a kitchen with one man leaning on the other.

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

11/20/2023
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
A hand holding out a sign that says, " franchise."

SBA 504 Loans – The Best Kept Secret For Franchise Financing

09/28/2023
Are you a looking to finance a franchise location? Consider the SBA 504 loan -...
Business Owner Resource / Commercial Real Estate / Franchise / Ground-Up Construction / Renovation / SBA 504
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SomerCor Partners with IMEC & Cook County to Support Manufacturers

05/05/2023
On May 1st, SomerCor teamed up with IMEC, the Cook County Bureau of Economic Development...
Business Owner Resource / Illinois / Manufacturing / SBA 504
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Daily Herald: SBA 504 Program – Accessing Capital in a High-Interest Rate Environment

05/01/2023
Are you a business owner in Illinois? Check out the May issue of the Daily...
Business Owner Resource / Media / News and Updates / SBA 504

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