News and Updates
January 2021 SBA 504 Effective Interest Rates
The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
SomerCor on Comcast Newsmakers: Proven Impact of SBA 504 Loans
SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to discuss the proven impact of...
Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses
On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement Fund...
Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty
Are you a business owner in Illinois? Check out the December issue of the Daily...
December 2020 SBA 504 Rates Are Out!
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SomerCor VP, Elisabeth Williams, Receives NAWBO Chicago Corporate Woman of Achievement Award
SomerCor VP, Elisabeth Williams, Receives NAWBO Chicago Corporate Woman of Achievement Award September 14, 2020...
Daily Herald Business Ledger: Small businesses needing capital should consider the SBA 504 Refinance Program
Are you a business owner in Illinois? Check out the June issue of the Daily...
Small Business Financial Forecasting in the New Normal
As communities lift COVID-19 restrictions and we begin to revive our economy, small businesses must...