SomerCor

A big SomerCor shoutout to our closing team! In May, eleven businesses had their loans funded across the state of Illinois. Think your business or client would be a good fit? Contact SomerCor today to learn about how the SBA 504 loan program can provide long-term fixed financing with less money down for the purchase, renovation or refinance of commercial real estate and heavy equipment.

SomerCor is excited to join forces with the U.S. Small Business Administration to present at the sold out IMEC Industry Defense Day! SomerCor President & CEO, Manny Flores, will share the stage with SBA Illinois District Director, Willette LeGrant, for a conversation on access to capital, including the program, and other federal resources for manufacturers.

Manufacturers today have access to an unprecedented ecosystem of federal resources. Those that effectively leverage financing, technical assistance, and other federal tools will be best positioned to strengthen the defense industry and compete in the global economy.​

SomerCor's first Down Payment Assistance Recipient is the Angelica Garcilazo Insurance Agency! Garcilazo built a business with a strong foundation and a bright future; she owns her business, and now she’s ready to own her building, too.

In Partnership with the Cook County Small Business Source, SomerCor's Down Payment Assistance Program helps small businesses in Cook County purchase their first owner-occupied commercial property and grow strong, vibrant businesses.

Click the link below to read more!
https://hubs.li/Q04lb-w-0

Building

Angelica Garcilazo Insurance Agency: SomerCor 504 DPAP Feature The Angelica Garcilazo Insurance Agency is SomerCor’s first Cook County Down Payment Assistance recipient!

June rates are out! The SBA 504 loan program provides businesses with certainty through long-term fixed rate financing on commercial real estate and heavy equipment. Contact the SomerCor team today to find out how the SBA 504 loan program helps business owners put less money down and keep more capital in their business.

LIMITED FOURSOMES AVAILABLE ⛳

Join us Monday, July 27, 2026, at Midlothian Country Club for SomerCor’s Charity Golf Outing benefiting the VetLoan Advantage Program! Register today at https://hubs.li/Q04kXnD40, to support veteran entrepreneurs with access to capital and business resources.

Sponsorship opportunities are available now. A special thank you to Premier Title, Old National Bank, Wintrust, Bank of America, Liston & Tsantilis, JPMorganChase, First Eagle Bank, Alera Group, Bespoke Commercial Real Estate, and the Law Office of William Smith LLC for their support!

LIMITED FOURSOMES AVAILABLE ⛳

Join us Monday, July 27, 2026, at Midlothian Country Club for SomerCor’s Charity Golf Outing benefiting the VetLoan Advantage Program! Register today at https://hubs.li/Q04kP0dK0, to support veteran entrepreneurs with access to capital and business resources.

Sponsorship opportunities are available now. A special thank you to Premier Title, Old National Bank, Wintrust, Liston & Tsantilis, JPMorganChase, Alera Group, Bespoke Commercial Real Estate, and the Law Office of William Smith LLC for their support!

It was great weekend at the Achieve Summit, hosted by the Southland Development Authority ! In partnership with the Cook County Source , the SomerCor team was on hand to promote the power of ownership through the loan and the SomerCor Cook County Down Payment Assistance Program.

To learn more about the summit, SomerCor's impact, and our new Cook County Down Payment Assistance Program, check out the coverage in the Chicago Tribune Daily Southtown.

Southland Development Authority event works to boost south suburban development The Southland Development Authority’s Achieve Summit at the Wind Creek Casino provides connections for economic development.

A fun flashback Friday shoutout the SomerCor team members who participated in the JPMorganChase Corporate Challenge alongside thousands of professionals across Chicagoland.

Elisabeth Williams, Emerson Spaulding, Laura Morales, David Sommers, Reuben Waddy, Preston Gingerich, and Shan Dass joined SomerCor President and CEO, Manny Flores, to race in support of economic growth and access to impactful financing in all communities.

Ready to access capital to grow your business but need to know what to prepare before applying for a loan? Join us for a webinar on Wednesday, June 10th at 3pm hosted by the Chicago Business Affairs and Consumer Protection, featuring SomerCor's AVP of Communications and Engagement, Kimberly Blair. The presentation looks at the loan decision from a lender’s point of view – empowering you to access the financing you need. Register at https://hubs.li/Q04k9NNQ0.

Health care providers in private practice wear many hats. In addition to being a critical part of our health care system, they are also small business owners.

The loan program can help individual and group health care provider practices looking for more space and the freedom to personalize it to meet the highest level of patient care. Learn how the SBA 504 loan program can provide health care professionals financing to lower monthly payments, leverage equity for cash out, and build a stronger practice going forward: https://hubs.li/Q04j-NbM0

Financing for Health Care Providers: Three Reasons to Use the SBA 504 Program The SBA 504 loan program can help individual and group health care provider practices looking for more space and the freedom to personalize it to meet the highest level of patient care. It can be a great financing option for doctors, dentists, optometrists, physical therapists, mental health practit...