Legislative/Regulatory

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Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing

October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
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SBA 504 Loan Fees Waived for Manufacturers

Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
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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...
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SBA 504 ALP Express Program Made Permanent

In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
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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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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 Green Energy Loans

To be eligible for an SBA 504 Green Loan, borrowers must meet one of these...
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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...

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