Leading with Small Business Administration (SBA) 504 loans, SomerCor offers a unique range of financial solutions to help grow your business. Our objective is to identify the best financial option for your business and guide you through the entire process. Our management team is made up of a talented and experienced group of banking, small business lending and economic development professionals.
SomerCor has been a leading SBA lender for more than 25 years. Our experience and expertise along with our commitment to mission and impact, drives our focus on delivering quality service to our borrowers, lending partners and clients.
Catalysts for the Entrepreneurial Dream:
For more than a quarter century, we have helped entrepreneurs like you obtain the financing they need to realize their business dreams. We are a non-profit, small business lender that offers SBA 504 and SBA 7(a) Community Advantage loans, and we administer the City of Chicago’s Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grants.
Behind every good business is a compelling vision. And a need for capital. Our purpose is to guide your vision to reality through impactful financial solutions. That’s because business growth, job creation and community impact are our priorities.
We get how tough it can be. That’s why we never forget compassion, patience and honesty when we work with you. With our lending partners, we work efficiently and ethically to provide outstanding customer service and tangible results.