Education
SBA 504 Program Update: Green Energy Loans
Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
Daily Herald: Think Big about the SBA 504 Loan
When most people envision small businesses, they typically imagine mom-and-pop shops. But did you know...
Earth Day: Go Green with an SBA 504 Loan
According to the U.S. Green Building Council, "high-performing green buildings, particularly LEED-certified buildings, provide the...
Financing for Child Care Services: Three Reasons to Use the SBA 504 Program
Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan
The SBA 504 loan program is one of the most popular financing programs offered by...
Growth Opportunities for Manufacturers: SBA 504 Equipment Loans
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
SomerCor’s Top 10 SBA 504 Program FAQs
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
