Project Type

A man standing in front of a large metal box.

SBIF Client Feature Story: Platt Luggage, Inc

03/25/2024
Company Profile Platt Luggage, Inc. is a fourth generation family business that manufactures high quality...
Chicago / Client Success Stories / Illinois / Manufacturing / Renovation / SBIF Grant
A woman sitting in front of a table with a vase.

Siblana Events: SomerCor SBA 504 Feature

03/13/2024
Company Profile Siblana Events is an event and floral design company that specializes in translating...
Client Success Stories / Commercial Real Estate / Illinois / Loan / Renovation / 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
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
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
A man in blue shirt holding up a metal object.

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
A man walking on the sidewalk in front of a store.

SBIF Client Feature Story: Almacenes Mexico

10/12/2023
Grantee Profile Almacenes Mexico is a retail clothing store owned and operated by Delfin Delgado....
Chicago / Client Success Stories / Renovation / Retail / SBIF Grant
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
Two women sitting at a table with papers and laptops.

SomerCor’s Five Lender FAQ’s About the SBA 504 REFI

08/31/2023
The 504 REFI is a trusted, strategic debt restructuring solution. First launched as a pilot...
Lender Resource / Refinance / SBA 504 Refinance
A group of men standing in front of a building.

McCann Industries: SomerCor SBA 504 Feature

08/29/2023
Company Profile McCann Industries Inc. is a family-owned business founded in 1967. It is a...
Automotive / Client Success Stories / Commercial Real Estate / Illinois / Renovation / SBA 504

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