Products

A group of people standing in front of the capitol building.

SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing

03/29/2022
On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
Advocacy / Business Owner Resource / Education / Legislative/Regulatory / Lender Resource / News and Updates / SBA 504
A woman standing in front of an open door.

SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs

03/28/2022
SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs SomerCor is proud to announce the...
Chicago / Illinois / Press Release / SBA 504
A woman is holding her hands up to the side of her head.

The March 2022 SBA 504 debenture pricing was complete on March 10, 2022.

03/10/2022
  25 Year Term 3.93% 20 Year Term 3.76% 10 Year Term 3.81% The SBA...
SBA 504 / SBA Interest Rates
A man standing in front of a poster.

SBIF Client Feature Story: Upton’s Naturals

02/24/2022
Company Profile Upton's Naturals is an independently owned natural foods company. The product line focuses...
Chicago / Client Success Stories / Food/Nutrition / SBIF Grant
A man sitting in front of a table with papers.

February 2022 SBA 504 Interest Rates Are Out

02/10/2022
  25 Year Term 3.59% 20 Year Term 3.45% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A store front with the words for 5 0 4 focus : municipalities.

Municipal Market: SomerCor SBA 504 & SBIF Grant Feature

02/02/2022
  Company Profile Municipal Market was founded in 2004 and has been under the current...
Chicago / Client Success Stories / Food/Nutrition / Refinance / SBA 504 / SBIF Grant
A group of people standing on the stage for a photo.

Mayor Lightfoot Announces Neighborhood Opportunity Fund Finalists

01/24/2022
This week Mayor Lori Lightfoot announced 31 new Neighborhood Opportunity Fund (NOF) finalists as part...
Chicago / News and Updates / NOF Grant
Two people holding up ice cream cones in a store.

SBIF Client Feature Story: Ix-Chel Gelato & Frozen Pops

01/11/2022
  Grantee Profile Ix-Chel Gelato & Frozen Pops makes handcrafted frozen treats - including vegan...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
A woman in white shirt holding a dog.

January 2022 SBA 504 Interest Rates Are Out

01/06/2022
  25 Year Term 3.21% 20 Year Term 3.07% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A poster with boxes and people in the background.

The December 2021 SBA 504 debenture pricing was competed on December 9, 2021.

12/09/2021
25 Year Term 3.02% 20 Year Term 2.88% 10 Year Term 2.79% The SBA is...
SBA 504 / SBA Interest Rates

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