News and Updates

Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses

12/16/2020
On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement Fund...
Chicago / News and Updates / SBIF Grant
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Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty

12/14/2020
Are you a business owner in Illinois? Check out the December issue of the Daily...
Business Owner Resource / News and Updates / SBA 504
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December 2020 SBA 504 Rates Are Out!

12/10/2020
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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SomerCor VP, Elisabeth Williams, Receives NAWBO Chicago Corporate Woman of Achievement Award

09/14/2020
SomerCor VP, Elisabeth Williams, Receives NAWBO Chicago Corporate Woman of Achievement Award September 14, 2020...
News and Updates / Press Release / SomerCor Updates
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Daily Herald Business Ledger: Small businesses needing capital should consider the SBA 504 Refinance Program

06/22/2020
Are you a business owner in Illinois? Check out the June issue of the Daily...
Business Owner Resource / Media / News and Updates / SBA 504 Refinance
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Small Business Financial Forecasting in the New Normal

06/18/2020
As communities lift COVID-19 restrictions and we begin to revive our economy, small businesses must...
News and Updates
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SomerCor Partnered with City of Chicago to Help Hundreds of Microbusinesses

05/18/2020
SomerCor is proud to have partnered with the City of Chicago to administer the City...
News and Updates
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WCPT 820AM Interview with SomerCor CEO on SBA Resources

04/20/2020
Last week, SomerCor CEO, Manny Flores, spoke with Joan Esposito on 820AM about SBA resources...
Media / News and Updates / SBA News
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SomerCor Message to Borrowers and Lending Partners in Response to COVID-19

03/13/2020
In response to COVID-19, or the coronavirus, SomerCor is prepared to continue fulfilling our mission...
News and Updates
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SomerCor Launches Partnership with NAWBO Chicago to support Women Business Owners

02/03/2020
SomerCor is proud to announce a formalized partnership with NAWBO Chicago. Formed in 1978, it is...
News and Updates

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