News and Updates
SomerCor President & CEO Appointed to Federal Reserve Bank of Chicago Advisory Council
SomerCor President & CEO, Manny Flores, was named to the Federal Reserve Bank of Chicago...
April 2025 SBA 504 Interest Rates
25 Year Term 6.43% 20 Year Term 6.45% 10 Year Term 6.34% The April 2025...
SomerCor Partners With Aurora Regional Economic Alliance
SomerCor and the Aurora Regional Economic Alliance (Alliance) are proud to announce a new partnership....
March 2025 SBA 504 Interest Rates
25 Year Term 6.24% 20 Year Term 6.31% 10 Year Term 6.34% The March 2025...
February 2025 SBA 504 Interest Rates
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.64% The February 2025...
SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...
January 2025 SBA 504 Interest Rates
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...
Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...
