News and Updates

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...

SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...

January 2025 SBA 504 Interest Rates
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...

Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...

SBA 504 ALP Express Program Made Permanent
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...

December 2024 SBA 504 Interest Rates
25 Year Term 6.09% 20 Year Term 6.16% 10 Year Term 6.46% The December 2024...

November 2024 SBA 504 Interest Rates
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.46% The November 2024...