News and Updates

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...

SBA Expands 504 Debt Refinance Program
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...

October 2024 SBA 504 Interest Rates
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...

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...

Daily Herald: SBA 504 Financing for Ground-Up Construction
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...

September 2024 SBA 504 Interest Rates
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...