Education

Vetloan graphic (1)

SomerCor’s SBA 504 Loan Program Benefit for Veterans 

11/10/2025
For veteran-owned businesses, SomerCor’s SBA 504 loan program is a great way to build, buy,...
Business Owner Resource / Lender Resource / SBA 504 / SomerCor Updates
IMEC graphic

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

10/09/2025
October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
Illinois / Legislative/Regulatory / Lender Resource / Loan / Manufacturing / SBA 504 / SBA 504 Refinance / SBA News
Program Change Graphic

SBA 504 Loan Fees Waived for Manufacturers

10/07/2025
Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
Legislative/Regulatory / Lender Resource / Manufacturing / SBA 504 / SBA News
Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

09/23/2025
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
A man in blue shirt holding up a metal object.

Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

09/18/2025
The SBA 504 loan program is a great option for skilled trade professionals looking to...
Business Owner Resource / Commercial Real Estate / Construction/Trades / Refinance / Renovation / SBA 504
dailyherald

Daily Herald: Own a business? Own your building with the SBA 504 loan

09/06/2025
If you own a business, owning your building offers financial and operational benefits. The SBA...
Business Owner Resource / Media / News and Updates / SBA 504
10faq (1)

SomerCor’s Top 10 SBA 504 Program FAQs

08/25/2025
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
Two people shaking hands in a room.

SBA 504 Offers Secure Small Business Lending Option for Banks

08/08/2025
The SBA 504 program offers banks a secure lending option to help small business clients...
Lender Resource / SBA 504
dailyherald-mike

Daily Herald: Financing for Franchises with the SBA 504 Program

07/27/2025
A franchise location, while tied to a national or regional brand, is still a small...
Franchise / Lender Resource / Media / News and Updates / SBA 504
A woman and two children sitting at a table.

Financing for Child Care Services: Three Reasons to Use the SBA 504 Program

07/24/2025
Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
Business Owner Resource / Childcare/Education / SBA 504

Categories

Archives