News and Updates

May 2025 SBA 504 Interest Rates
25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...

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...

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...

SomerCor President & CEO Appointed to Federal Reserve Bank of Chicago Advisory Council
SomerCor President & CEO, Manny Flores, was named to the Federal Reserve Bank of Chicago...

April 2025 SBA 504 Interest Rates
25 Year Term 6.43% 20 Year Term 6.45% 10 Year Term 6.34% The April 2025...

SomerCor Partners With Aurora Regional Economic Alliance
SomerCor and the Aurora Regional Economic Alliance (Alliance) are proud to announce a new partnership....

March 2025 SBA 504 Interest Rates
25 Year Term 6.24% 20 Year Term 6.31% 10 Year Term 6.34% The March 2025...

February 2025 SBA 504 Interest Rates
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.64% The February 2025...