SBA 504

Woman in workshop smiling and holding tablet

SBA 504 ALP Express Program Made Permanent

01/02/2025
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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Letter from the CEO: Reflections on 2024

12/27/2024
It has been a remarkable year for the U.S. Small Business Administration (SBA) 504 loan...
Lender Resource / SBA 504 / SomerCor Updates
Smiling woman beside SBA 504 interest rates

December 2024 SBA 504 Interest Rates

12/05/2024
25 Year Term 6.09% 20 Year Term 6.16% 10 Year Term 6.46% The December 2024...
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

11/14/2024
Financing for Professional Services: Three Reasons to Use the SBA 504 Loan Program The SBA...
Business Owner Resource / Office/Professional Services / SBA 504
Smiling worker next to SBA 504 interest rates

November 2024 SBA 504 Interest Rates

11/07/2024
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.46% The November 2024...
SBA 504 / SBA Interest Rates
A man and woman in hard hats holding up their hands.

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

10/24/2024
According to the Illinois Manufacturers Association, Illinois is the fourth largest manufacturing state in the...
Business Owner Resource / Manufacturing / SBA 504
October 2024 SBA 504 interest rates graphic

October 2024 SBA 504 Interest Rates

10/10/2024
25 Year Term 6.03% 20 Year Term 6.10% 10 Year Term 5.82% The October 2024...
SBA 504 / SBA Interest Rates
Group of officials standing beside SomerCor banner

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

10/04/2024
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Legislative/Regulatory / Manufacturing / News and Updates / Press Release / Refinance / Renovation / SBA 504 / SBA News / SomerCor Updates
Business presentation slide with logos and headshot

Daily Herald: SBA 504 Financing for Ground-Up Construction

09/12/2024
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / Media / News and Updates / SBA 504
Business owner in workshop with interest rates

September 2024 SBA 504 Interest Rates

09/05/2024
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...
SBA 504 / SBA Interest Rates

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