News and Updates

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January 2021 SBA 504 Effective Interest Rates

The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
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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...
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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...
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December 2020 SBA 504 Rates Are Out!

The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
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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...
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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...
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Small Business Financial Forecasting in the New Normal

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

SomerCor is proud to have partnered with the City of Chicago to administer the City...
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WCPT 820AM Interview with SomerCor CEO on SBA Resources

Last week, SomerCor CEO, Manny Flores, spoke with Joan Esposito on 820AM about SBA resources...

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