Lender Resource
![504secure (2) Two people shaking hands in a room.](https://somercor.com/wp-content/uploads/2023/09/504secure-2-1024x536.png)
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...
![greenenergyloan24 A couple of people that are working on some solar panels](https://somercor.com/wp-content/uploads/2024/05/greenenergyloan24-1024x535.png)
SBA 504 Program Update: Green Energy Loans
Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
![refi-win-win-1 A man holding a clipboard in front of shelves.](https://somercor.com/wp-content/uploads/2024/03/refi-win-win-1-1024x536.png)
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...
![2021-2enhancements-1 A woman sitting at her desk with a pen in hand.](https://somercor.com/wp-content/uploads/2023/11/2021-2enhancements-1-1024x535.png)
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...
![504refifaq-update-1 Two women sitting at a table with papers and laptops.](https://somercor.com/wp-content/uploads/2024/05/504refifaq-update-1-1024x536.png)
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...
![2023-NewRules-1 A woman sitting at a table with papers in front of her.](https://somercor.com/wp-content/uploads/2023/08/2023-NewRules-1-1024x535.png)
SBA 504 Program Updates Effective August 1st
On August 1st, new rules impacting the SBA 504 program went into effect. Per the...
![hsbchearing-1024x535 A group of people standing in front of the capitol building.](https://somercor.com/wp-content/uploads/2022/03/hsbchearing-1024x535-1.png)
SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing
On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
![Zoom-Debt-Refinace-Webinar-2021vpost-1024x560 A woman holding a clipboard in front of an industrial building.](https://somercor.com/wp-content/uploads/2021/12/Zoom-Debt-Refinace-Webinar-2021vpost-1024x560-1.jpg)
New SBA 504 REFI Rules [WEBINAR]
On July 29, 2021 the Small Business Administration published Interim Final Rule 021-15975, outlining enhancements...