Education

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SBA Expands 504 Debt Refinance Program

The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
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Daily Herald: SBA 504 Financing for Ground-Up Construction

Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
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SBA 504 Program Green Energy Loans

To be eligible for an SBA 504 Green Loan, borrowers must meet one of these...
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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...
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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...
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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...
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SBA 504 Loans – The Best Kept Secret For Franchise Financing

Are you a looking to finance a franchise location? Consider the SBA 504 loan -...
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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...
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SBA 504 Program Updates Effective August 1st

On August 1st, new rules impacting the SBA 504 program went into effect. Per the...
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SomerCor Partners with IMEC & Cook County to Support Manufacturers

On May 1st, SomerCor teamed up with IMEC, the Cook County Bureau of Economic Development...

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