November 2025 SBA 504 Interest Rates
25 Year Term 5.86%
20 Year Term 5.92%
10 Year Term 5.65%
The November 2025 SBA 504 debenture pricing was completed on November 6, 2025.The SBA offers a 504 Loan with a 25-year maturity for the acquisition of owner-occupied commercial real estate and related costs. This is in addition to the 10 and 20 year loans currently available in the 504 Loan Program. Loans are typically eligible for up to 90% financing of project costs. Rates include monthly servicing fees to the CDC, SBA, and central servicing agent; based on SBA FY26 fees. The SBA also reinstituted an upfront guaranty fee of 50 basis points for non-manufacturing projects. Rates for manufacturing businesses (primary NAICS Code in sectors 31, 32, and 33) are approximately 25 basis points lower than non-manufacturing projects due to the waiver of the annual service fee.
Inc Power Partners Award
SomerCor Named to Inc.’s 2025 Power Partners List in Financial Services!
SomerCor was named to the Inc. Magazine 2025 Power Partners List for our commitment to providing access to capital to small and mid-size businesses. This achievement is a testament to SomerCor’s strong lending partnerships, dedication to our borrowers, and mission-driven approach.
This recognition was made possible by client testimonials that illustrate SomerCor’s transformational impact. We extend our sincere thanks to Robert Velazquez from Semper Fi Land Services, Adriana Osorio from Osorio Metals, Sam Ibrahim from Helander Metal, Eric Cup from Bridgewater Studio, and Phil DeGeratto from Buddy Bear Car Wash.
SomerCor Promotion Announcement
Elisabeth Williams promoted to Executive Vice President, SBA 504 Loan Operations. Lis brings extensive SBA 504 lending and credit expertise, having co-founded and led an SBA Certified Development Company for eight years before joining SomerCor in 2019. In her new role, she will work with the CEO on strategic growth while overseeing loan origination and credit teams.
Eric Bacon promoted to Senior Vice President, Managing Director of SBA 504 Loan Originations. Since 2020, Eric has closed 241 SBA 504 loans totaling over $720 million in project costs, making him a top producer in Illinois. He will lead origination growth and expand SomerCor’s service footprint with his deep SBA knowledge and customer-focused approach.
SomerCor Helps Lenders Close Deals During Government Shutdown
While the end date of the federal government shutdown is unknown, SomerCor’s experienced SBA 504 lending team is ready to help you maintain momentum.
Here’s how we support our lending partners:
- We’re Open for Business: Our team remains fully operational and available for new and existing deals.
- Get Ahead on Applications: We’re accepting and preparing new loan applications for SBA approval upon reopening.
- Funding Secured: October SBA 504 loans were funded, November funding is in place, and the December bond sale will proceed as scheduled.
- Bridge Loan Options: Don’t lose a deal due to an expiring closing date—contact our loan origination team to explore solutions.
Let’s keep your deals moving forward.
