News and Updates

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January 2024 SBA 504 Interest Rates

The May 2024 SBA 504 debenture pricing was competed on January 11, 2024. 25 Year...
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Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan

The SBA 504 loan program is one of the most popular financing programs offered by...
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December 2023 SBA 504 Interest Rates

The December 2023 SBA 504 debenture pricing was completed on December 7, 2023. 25 Year...
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Daily Herald: SomerCor CEO Celebrates Big Milestones

November 2023 marked five years at the helm for SomerCor President & CEO, Manny Flores....
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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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November 2023 SBA 504 Interest Rates

The November 2023 SBA 504 debenture pricing was competed on November 9, 2023. 25 Year...
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SomerCor Expands Its Small Business Lending to Northwest Indiana

SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...
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October 2023 SBA 504 Interest Rates

The October 2023 SBA 504 debenture pricing was competed on October 5, 2023. April 2024...
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September 2023 SBA 504 Interest Rates

The September 2023 SBA 504 debenture pricing was competed on September 7, 2023. 25 Year...
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August 2023 SBA 504 Interest Rates

The August 2023 SBA 504 debenture pricing was competed on August 10, 2023. 25 Year...

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