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November21-Rate-1024x536

The November 2021 SBA 504 debenture pricing was competed on November 10, 2021.

  25 Year Term 2.92% 20 Year Term 2.78% 10 Year Term 2.79% The SBA...
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SBIF Client Feature Story: Total Transformation in Back of the Yards

  Grantee Profile Jorge Torres is the landlord of a light industrial property at 1253...
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October SBA 504 Interest Rates Start FY22 at Sub 3%

  The October 2021 SBA 504 debenture pricing was competed on October 7, 2021. 25...
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2021 RFQ for Neighborhood Opportunity Fund (NOF) TA Providers

The City of Chicago and SomerCor are seeking applications from professional services firms, non-profit organizations,...
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SomerCor, Leading SBA 504 Lender, Grows its Board of Directors

SomerCor, a Chicago-based Small Business Administration (SBA) Certified Development Company (CDC), announces the appointment of...
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September SBA 504 Interest Rates Cap Record-Breaking FY21

The September 2021 SBA 504 debenture pricing was competed on September 9, 2021. 25 Year...
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Herban Produce – NOF Feature Project in East Garfield Park

  Company Profile Herban Produce is a commercial scale urban farm in Chicago's East Garfield...
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Meeting Tomorrow: SomerCor SBA 504 – Advantages of Ownership Feature

  Company Profile Started in 2004, Meeting Tomorrow is a leading full service AV and...
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August SBA 504 Interest Rates Remain Below 3%

The August 2021 SBA 504 debenture pricing was competed on August 5, 2021. 25 Year...
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Osorio Metals Supply: SomerCor SBA 504 Renovation Feature

Company Profile Founded in Chicago, Osorio Metals Supply, Inc. is a second generation family metal...

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