News and Updates
January 2024 SBA 504 Interest Rates
The May 2024 SBA 504 debenture pricing was competed on January 11, 2024. 25 Year...
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...
December 2023 SBA 504 Interest Rates
The December 2023 SBA 504 debenture pricing was completed on December 7, 2023. 25 Year...
Daily Herald: SomerCor CEO Celebrates Big Milestones
November 2023 marked five years at the helm for SomerCor President & CEO, Manny Flores....
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...
November 2023 SBA 504 Interest Rates
The November 2023 SBA 504 debenture pricing was competed on November 9, 2023. 25 Year...
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)...
October 2023 SBA 504 Interest Rates
The October 2023 SBA 504 debenture pricing was competed on October 5, 2023. April 2024...