SBA Certified Small Business Lender – Originates SBA 504 and Community Advantage Loans and administers Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) Grants.
AboutSomerCor is a non-profit lender, certified by the Small Business Administration, that specializes in originating and servicing SBA 504 loans. Since its founding in 1992, SomerCor has funded over 2550 loans with a total volume of $1.58 billion. SomerCor also administers the Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grants for the city of Chicago.
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- Apply for a grant