SomerCor, a non-profit development company certified by the U.S. Small Business Administration (SBA) to originate SBA 504 loans in Illinois. Founded in 1992, is one of the largest SBA lenders in the Chicago area, consistently ranking in the top 15 Certified Development Companies (CDC’s) nationwide.
We are catalysts for the entrepreneurial dream. We assist in bringing the entrepreneurial vision into reality through impactful financial solutions. We help businesses grow and positively impact the owners, employees, and communities.
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.
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