Legislative/Regulatory

PRESS-RELEASE-Social-FY2025

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
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SBA 504 Program Update: Green Energy Loans

Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
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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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SomerCor Goes to Washington to Advocate for the SBA 504 Program

The week of May 16, 2022, members of the SomerCor team were in Washington, DC,...
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SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing

On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
A group of people standing in front of a building.

SomerCor Talks Access to Capital with Congresswoman Jan Schakowsky

Last week SomerCor joined with other members of the Illinois Bankers Association to meet with...

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