News and Updates

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SomerCor Expanding to Serve Small Businesses in Southeast Wisconsin

SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...
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The October 2022 SBA 504 debenture pricing was competed on October 6, 2022.

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

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

25 Year Term 4.98% 20 Year Term 4.89% The SBA offers a 504 Loan with...
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SomerCor Celebrates 30 Years of Small Business Lending

  July 21, 2022, is SomerCor's 30th birthday! We look forward to celebrating over the...
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The July 2022 SBA 504 debenture pricing was competed on July 7, 2022.

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

SomerCor is an Accredited Lender Program (ALP) Certified Development Company (CDC). ALP status is a prestigious...
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SomerCor on CBS & Univision: WBC Black & Latino Excellence Investment Summit

SomerCor President & CEO, Manny Flores, was interviewed on CBS 2 Chicago to discuss the...
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The June 2022 SBA 504 debenture pricing was competed on June 9, 2022.

25 Year Term 5.19% 20 Year Term 5.13% The SBA is offering a 504 Loan...
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SomerCor on WGN: Supporting the WBC Black & Latino Excellence Investment Summit

SomerCor President & CEO, Manny Flores, was interviewed on WGN's People to People program to...

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