Lender Resource

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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,...
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SomerCor Helps Lenders Close Deals During Government Shutdown

While the end date of the federal government shutdown is unknown, SomerCor's experienced SBA 504...
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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...
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SBA 504 Loan Fees Waived for Manufacturers

Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
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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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Daily Herald: Financing for Franchises with the SBA 504 Program

A franchise location, while tied to a national or regional brand, is still a small...
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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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