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
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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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December 2023 SBA 504 Interest Rates

12/07/2023
The December 2023 SBA 504 debenture pricing was completed on December 7, 2023. 25 Year...
SBA 504 / SBA Interest Rates
A picture of a person with a business logo.

Daily Herald: SomerCor CEO Celebrates Big Milestones

11/29/2023
November 2023 marked five years at the helm for SomerCor President & CEO, Manny Flores....
Media / News and Updates / SBA 504 / SomerCor Updates
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Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

11/20/2023
The SBA 504 loan program is a great option for skilled trade professionals looking to...
Business Owner Resource / Commercial Real Estate / Construction/Trades / Refinance / Renovation / SBA 504
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SBA 504 Program Enhancements: Refinance & ALP Express Updates

11/14/2023
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
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November 2023 SBA 504 Interest Rates

11/09/2023
The November 2023 SBA 504 debenture pricing was competed on November 9, 2023. 25 Year...
SBA 504 / SBA Interest Rates
A blue and white graphic with the words " somercor expands its small business to northwest indiana ".

SomerCor Expands Its Small Business Lending to Northwest Indiana

11/01/2023
SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...
Indiana / News and Updates / Press Release / SBA 504 / SomerCor Updates
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October 2023 SBA 504 Interest Rates

10/05/2023
The October 2023 SBA 504 debenture pricing was competed on October 5, 2023. April 2024...
SBA 504 / SBA Interest Rates
A hand holding out a sign that says, " franchise."

SBA 504 Loans – The Best Kept Secret For Franchise Financing

09/28/2023
Are you a looking to finance a franchise location? Consider the SBA 504 loan -...
Business Owner Resource / Commercial Real Estate / Franchise / Ground-Up Construction / Renovation / SBA 504

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