News and Updates

A logo for the somercor ceo, manuel perez tapped to succeed cook county economic development advisory subcommittee.

SomerCor CEO to Lead Cook County Economic Development Advisory Subcommittee for Small Businesses

11/02/2021
SomerCor CEO, Manuel Flores, Tapped to Co-lead Cook County Economic Development Advisory Subcommittee for Small...
Advocacy / News and Updates / Press Release
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October SBA 504 Interest Rates Start FY22 at Sub 3%

10/07/2021
  The October 2021 SBA 504 debenture pricing was competed on October 7, 2021. 25...
SBA 504 / SBA Interest Rates
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SomerCor, Leading SBA 504 Lender, Grows its Board of Directors

09/21/2021
SomerCor, a Chicago-based Small Business Administration (SBA) Certified Development Company (CDC), announces the appointment of...
Board of Directors / News and Updates / Press Release / SBA 504
A man and woman holding papers in front of a building.

September SBA 504 Interest Rates Cap Record-Breaking FY21

09/09/2021
The September 2021 SBA 504 debenture pricing was competed on September 9, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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August SBA 504 Interest Rates Remain Below 3%

08/05/2021
The August 2021 SBA 504 debenture pricing was competed on August 5, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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July 2021 SBA 504 Interest Rates Are Out

07/08/2021
The July 2021 SBA 504 debenture pricing was competed on July 8, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A woman with glasses and black hair is smiling.

June SBA 504 Interest Rates Stay Below 3%

06/10/2021
The June 2021 SBA 504 debenture pricing was competed on June 10, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A man holding his hand out in an office.

SomerCor Partners with Commercial Real Estate Professionals on SBA 504

05/18/2021
SomerCor helps small business owners buy, expand or refinance owner-occupied, commercial real estate through the...
News and Updates / SBA 504
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May SBA 504 Interest Rates Are Sub 3%

05/06/2021
The May 2021 SBA 504 debenture pricing was competed on May 6, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A seal that says, " compcor awarded numerous sba accredited lender program ( alp ) status."

SomerCor Awarded Accredited Lender Program Status by SBA

04/29/2021
SomerCor Awarded Prestigious SBA Accredited Lender Program (ALP) Status SomerCor, a Chicago-based Certified Development Company...
News and Updates / Press Release / SBA 504 / SomerCor Updates

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