Lender Resource

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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...
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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,...
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SBA 504 ALP Express Program Made Permanent

In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
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Letter from the CEO: Reflections on 2024

It has been a remarkable year for the U.S. Small Business Administration (SBA) 504 loan...
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SBA 504 Refi is a Win-Win for Banks and Borrowers

The SBA 504 Refinance Program is a strategic debt restructuring solution that helps your bank...
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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...
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SBA Expands 504 Debt Refinance Program

The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
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SBA 504 Offers Secure Small Business Lending Option for Banks

The SBA 504 program offers banks a secure lending option to help small business clients...
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SBA 504 Program Update: Green Energy Loans

Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
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SBA 504 Program Enhancements: Refinance & ALP Express Updates

In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...

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