SBA 504

A man sitting at the counter of a store.

Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program

03/04/2024
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Business Owner Resource / SBA 504
A couple is smiling for the camera in front of construction equipment.

Production Rentals Chicago Limited: SomerCor SBA 504 Feature

02/29/2024
Company Profile Production Rentals Chicago (PRC) was founded in 2016 by Monoleto Wilborn and Natasha...
Client Success Stories / Commercial Real Estate / Illinois / SBA 504 / Storage/Warehouse
A man and woman in hard hats holding up their hands.

Maximization for Manufacturers: Three Reasons to Use the SBA 504 Program

02/22/2024
According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
Business Owner Resource / Manufacturing / SBA 504
A woman sitting in front of a wall with the words " february 2 0 2 4 sba interest rates ".

February 2024 SBA 504 Interest Rates

02/08/2024
The February 2024 SBA 504 debenture pricing was competed on February 8, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A collage of photos with text that reads, preparing for professional services obligations to use the sba 5 0 4 program.

Financing for Professional Services: Three Reasons to Use the SBA 504 Program

01/24/2024
Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
Business Owner Resource / Office/Professional Services / SBA 504
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January 2024 SBA 504 Interest Rates

01/11/2024
The May 2024 SBA 504 debenture pricing was competed on January 11, 2024. 25 Year...
SBA 504 / SBA 504 Refinance / SBA Interest Rates
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Daily Herald: Three Tips for Small Businesses Applying for an SBA 504 Loan

01/08/2024
The SBA 504 loan program is one of the most popular financing programs offered by...
Business Owner Resource / Media / News and Updates / SBA 504
Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

01/06/2024
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
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SomerCor’s Top 10 SBA 504 Program FAQs

12/20/2023
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
Two men standing in a kitchen with one man leaning on the other.

Financing for Restaurants: Three Reasons to Use the SBA 504 Program

12/14/2023
Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
Bars/Restaurants / Business Owner Resource / Commercial Real Estate / SBA 504

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