News and Updates

A woman in yellow jacket and white shirt with text " august 2 0 2 2 sba 5. 1 interest rates."

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
A poster with a man in blue shirt and glasses.

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
A blue seal that says, " compercor is an accredited facility certified employment company ".

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
A man in a suit holding a book.

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
A poster with an older woman sitting at a table.

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
A man and woman sitting in front of a window.

SomerCor on WGN: Supporting the WBC Black & Latino Excellence Investment Summit

06/02/2022
SomerCor President & CEO, Manny Flores, was interviewed on WGN's People to People program to...
Chicago / Media / News and Updates
Three people standing on the steps of a building.

SomerCor Goes to Washington to Advocate for the SBA 504 Program

05/20/2022
The week of May 16, 2022, members of the SomerCor team were in Washington, DC,...
Advocacy / Legislative/Regulatory / SBA 504
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The May 2022 SBA 504 debenture pricing was competed on May 9, 2022.

05/05/2022
  25 Year Term 5.12% 20 Year Term 5.06% The SBA is offering a 504...
SBA 504 / SBA Interest Rates
A business ledger article with an image of a woman.

Daily Herald Suburban Business: SBA 504 Program – Certainty for small businesses when interest rates are rising

05/04/2022
Are you a business owner in Illinois? Check out the May issue of the Daily...
Business Owner Resource / Illinois / Media / News and Updates / SBA 504

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