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Daily Herald: Close CRE Deals with the SBA 504 Loan

The commercial real estate market continues to find its footing after the pandemic. Business owners may have more options to choose from now, but financing is still a challenge. 

The SBA 504 program offers a public-private lending solution for business owners to buy, expand or refinance major fixed assets like owner-occupied commercial real estate and heavy equipment.

Commercial real estate professionals can highlight the borrower-friendly terms of the SBA 504 loan to help bridge the financing gap and close more deals with the support and expertise of a certified development company, like SomerCor.

To learn more, check out this story via the Daily Herald by SomerCor SVP, Eric Bacon, and download the program flyer

Contact Us

A woman with glasses is smiling for the camera.

Margaret Griffin

EVP, Chief Lending Officer
(312) 360-3320
mgriffin@somercor.com

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Eric Bacon

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Darin Gehrke

SVP Market Lead for Central and Southern Illinois
(217) 793-1075
dgehrke@somercor.com

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Elisabeth Williams