Lender Resource

504myths

Busting Five Myths About the SBA 504 Program

The SBA 504 loan program is the premier economic development loan program administered by the...
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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...
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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...
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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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2025 SBA Illinois Lender Forums

The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...
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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...
2024reflections (2)

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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