News and Updates

SomerCor team with CDC of the Year sign

SomerCor Awarded CDC of the Year for SBA 504 Lending Excellence

CHICAGO - SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA), proudly announces its selection as the CDC of...
SBA 504 interest rates with two construction workers

February 2026 SBA 504 Interest Rates

25 Year Term 5.80% 20 Year Term 5.86% 10 Year Term 5.67% The February 2026...
January 2026 SBA 504 rates with technician

January 2026 SBA 504 Interest Rates

25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...
Download FY2025 SomerCor partnership report

FY2025 SomerCor Impact Report

This season is a time for reflection and gratitude. We are proud to share the...
Presentation slide with speaker photo and logos

Daily Herald: Supercharging Illinois Manufacturers

Manufacturing is part of who we are in Illinois. From food processing, to machinery, to...
December 2025 SBA 504 rates 25yr 5.82%

December 2025 SBA 504 Interest Rates

25 Year Term 5.82% 20 Year Term 5.88% 10 Year Term 5.65% The December 2025...
SomerCor recognized as Inc. Power Partner 2025

SomerCor is a 2025 Inc. Power Partner Award Winner

SomerCor Recognized as a 2025 Inc. Power Partner Award Winner The annual list recognizes the...
Smiling factory worker beside SBA 504 interest rates

November 2025 SBA 504 Interest Rates

25 Year Term 5.86% 20 Year Term 5.92% 10 Year Term 5.65% The November 2025...
October 2025 SBA 504 rates 25yr 5.92%

October 2025 SBA 504 Interest Rates

25 Year Term 5.92% 20 Year Term 5.98% 10 Year Term 5.59% The October 2025...
Circular photo of two men holding ribbon at event

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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