Lender Resource

Big Deals, Big Impact – Rethinking Small Businesses  (3)

Daily Herald: Big Deals, Big Impact – Rethinking Small Businesses

The U.S. Small Business Administration 504 Loan program isn't just for the little guys -...
FY27 Waivers

SBA 504 Loan Fees Waived for Manufacturers

Effective October 1, 2026, the U.S. Small Business Administration (SBA) will extend fee waivers for...
Construction professionals shaking hands at job site

SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million

Effective July 4, 2026, the U.S. Small Business Administration (SBA) clarified policy intended to expand...
2026 Illinois lender forums poster with map

2026 SBA Illinois Lender Forums

The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...
SomerCor Cook County grant for small businesses

SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA...
Three construction workers wearing hard hats and vests

SomerCor Down Payment Assistance Program

Own the Business. Own the Building.   SomerCor helps small businesses purchase owner-occupied commercial real estate through the...
Webinar recording: Growing Manufacturing in 2026

Webinar Recording: Growing Manufacturing in 2026

Game-Changing Tax Breaks and Resources for Manufacturers Join manufacturing resource providers, tax professionals, and SBA...
American flag with SBA 504 veteran loan announcement

SomerCor’s SBA 504 Loan Program Benefit for Veterans 

For veteran-owned businesses, SomerCor’s SBA 504 loan program is a great way to build, buy,...
Circular photo of two men holding ribbon at event

Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing

October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
Two people shaking hands in a room.

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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