News and Updates
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February 2024 SBA 504 Interest Rates
The February 2024 SBA 504 debenture pricing was competed on February 8, 2024. 25 Year...
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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)...