Lender Resource

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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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SomerCor’s Five Lender FAQ’s About the SBA 504 REFI

The 504 REFI is a trusted, strategic debt restructuring solution. First launched as a pilot...
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SBA 504 Program Updates Effective August 1st

On August 1st, new rules impacting the SBA 504 program went into effect. Per the...
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SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing

On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
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New SBA 504 REFI Rules [WEBINAR]

On July 29, 2021 the Small Business Administration published Interim Final Rule 021-15975, outlining enhancements...

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