News and Updates

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SomerCor Hires Springfield Banking Leader Darin Gehrke to Head its SBA 504 Lending in Central and Southern Illinois

10/12/2022
SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA) under...
Press Release / SBA 504 / SomerCor Updates
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SomerCor Expanding to Serve Small Businesses in Southeast Wisconsin

10/06/2022
SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...
News and Updates / Press Release / SBA 504 / SomerCor Updates / Wisconsin
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The October 2022 SBA 504 debenture pricing was competed on October 6, 2022.

10/06/2022
25 Year Term 6.44% 20 Year Term 6.36% The SBA offers a 504 Loan with...
SBA 504 / SBA Interest Rates
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The September 2022 SBA 504 debenture pricing was competed on September 8, 2022.

09/08/2022
25 Year Term 5.44% 20 Year Term 5.34% The SBA offers a 504 Loan with...
SBA 504 / SBA Interest Rates
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The August 2022 SBA 504 debenture pricing was competed on August 11, 2022.

08/11/2022
25 Year Term 4.98% 20 Year Term 4.89% The SBA offers a 504 Loan with...
SBA 504 / SBA Interest Rates
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SomerCor Celebrates 30 Years of Small Business Lending

07/21/2022
July 21, 2022, is SomerCor's 30th birthday! We look forward to celebrating over the next...
News and Updates / NOF Grant / Press Release / SBA 504 / SBIF Grant
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The July 2022 SBA 504 debenture pricing was competed on July 7, 2022.

07/07/2022
25 Year Term 5.11% 20 Year Term 5.05% The SBA offers a 504 Loan with...
SBA 504 / SBA Interest Rates
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SomerCor is an ALP Accredited SBA 504 Lender

07/06/2022
SomerCor is an Accredited Lender Program (ALP) Certified Development Company (CDC). ALP status is a prestigious...
News and Updates / Press Release / SBA 504 / SomerCor Updates
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SomerCor on CBS & Univision: WBC Black & Latino Excellence Investment Summit

06/23/2022
SomerCor President & CEO, Manny Flores, was interviewed on CBS 2 Chicago to discuss the...
Chicago / Media / News and Updates
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The June 2022 SBA 504 debenture pricing was competed on June 9, 2022.

06/09/2022
  25 Year Term 5.19% 20 Year Term 5.13% The SBA is offering a 504...
SBA 504 / SBA Interest Rates

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