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SomerCor

Financial Services

Specialities :
Real estate & equipment financing
Small business improvement fund (sbif)
Community advantage lender
Sba 504 loan
Economic development

+1

revenue-icon Revenue
11M - 100M
funding-icon Total Funding
--
size-icon Size
11 - 50

Frequently Asked Questions About SomerCor

What does Somercor do?+

Catalysts for the Entrepreneurial Dream SomerCor is one of the largest non-profit SBA lenders in the Midwest and consistently ranks in the top 15 of CDCs nationwide. We are a mission-based, nonprofit corporation certified by the Small Business Administration. Our mission is accomplished through SBA loans in partnership with lenders, and through the administration of grant funds through economic development organizations. Since 1992, SomerCor has deployed $1.65 billion in SBA loans to 3,696 businesses in 1,649 communities, leading to the creation of 45,774 jobs throughout Illinois. SomerCor also administers small business grants on behalf of the City of Chicago to...

What are Somercor's specialties? +

Real estate & equipment financing,small business improvement fund (sbif),community advantage lender,sba 504 loan,economic development,and neighborhood opportunity fund

What is Somercor's industry? +

Somercor operates in the Financial services industry.

What is Somercor's revenue? +

Somercor's revenue is 11m - 100m

What is Somercor's company size? +

Somercor has 11 - 50 employees.

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