About

Founded in 1992 with lending authority throughout Illinois, SomerCor is a non-profit, lender certified by the Small Business Administration to originate and service SBA 504 and Community Advantage loans.

SomerCor also administers the Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grants for the city of Chicago.

Our mission is to grow businesses, create jobs, and increase impactful investment in every community through access to capital.