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Daily Herald: SBA 504 Financing for Ground-Up Construction

Businesses across every industry are looking for the ideal space that supports operational efficiency, employee retention, and opportunities for growth. When a business owner decides new ground-up construction is the right choice over purchasing an existing building, the SBA 504 loan is a great financing option.

Here are three reasons to use the SBA 504 loan for ground-up construction: borrower-friendly loan terms, the opportunity to build out the space to best support the business, and the option to include financing for new equipment.

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

Contact Us

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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