SBA 504

Two professionals in hard hats poster

SBA 504 Loan Fees Waived for Manufacturers

10/07/2025
Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
Legislative/Regulatory / Lender Resource / Manufacturing / SBA 504 / SBA News
Two men in a factory looking at something on the ground.

Growth Opportunities for Manufacturers: SBA 504 Equipment Loans

09/23/2025
Right now manufacturers in Illinois face both increased labor challenges and avenues for growth. The...
Business Owner Resource / Equipment / Green Energy / Manufacturing / SBA 504
A man in blue shirt holding up a metal object.

Scaling Up for Skilled Trades: Three Reasons to Use the SBA 504 Program

09/18/2025
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
September 2025 SBA 504 rates 25yr 6.00%

September 2025 SBA 504 Interest Rates

09/11/2025
25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
SBA 504 / SBA Interest Rates
Daily Herald business feature with headshot

Daily Herald: Own a business? Own your building with the SBA 504 loan

09/06/2025
If you own a business, owning your building offers financial and operational benefits. The SBA...
Business Owner Resource / Media / News and Updates / SBA 504
Snow Family Dental staff celebrating SBA 504 loan

Snow Family Dental: SomerCor SBA 504 Feature

09/04/2025
Founded in 2015, Snow Family Dental, LLC, is a restorative and preventative general dentistry practice...
Client Success Stories / Commercial Real Estate / Illinois / Medical/Health Services / Renovation / SBA 504
Two smiling small business owners holding chalkboard

SomerCor’s Top 10 SBA 504 Program FAQs

08/25/2025
What is the SBA 504 program? The SBA 504 loan program is the premier economic...
Business Owner Resource / SBA 504
Two people shaking hands in a room.

SBA 504 Offers Secure Small Business Lending Option for Banks

08/08/2025
The SBA 504 program offers banks a secure lending option to help small business clients...
Lender Resource / SBA 504
Smiling man with blueprints and interest rates

August 2025 SBA 504 Interest Rates

08/07/2025
25 Year Term 6.23% 20 Year Term 6.25% 10 Year Term 6.17% The August 2025...
SBA 504 / SBA Interest Rates
SBA 504 loan presentation slide with portrait

Daily Herald: Financing for Franchises with the SBA 504 Program

07/27/2025
A franchise location, while tied to a national or regional brand, is still a small...
Franchise / Lender Resource / Media / News and Updates / SBA 504

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