Lender Resource

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

Daily Herald: Business Service Organizations Join Forces to Support Entrepreneurs
To meet the capital needs of small businesses, service organizations must be creative in expanding...

SBA 504 Loan Program Key to Made in America Manufacturing Initiative
SomerCor President & CEO, Manny Flores, was on hand for the U.S. Small Business Administration...

Certified Development Companies Provide Critical SBA Program Expertise to Lenders
According to the 2024 Federal Deposit Insurance Corporation (FDIC) Small Business Lending Survey, lack of...

2025 SBA Illinois Lender Forums
The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...

SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...

Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...

SBA 504 ALP Express Program Made Permanent
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...