SomerCor

As catalysts for the entrepreneurial dream, SomerCor delivers capital and resources that spark business growth, drive job creation, and advance inclusive economic empowerment.

For more than three decades, SomerCor has served as a U.S. Small Business Administration (SBA) Certified Development Company (CDC), partnering with businesses, lending institutions, and economic development organizations through the SBA 504 loan program, which helps businesses acquire owner-occupied commercial real estate and fixed equipment while supporting job creation and community investment. Since our founding, we have supported more than 2,793 businesses, delivered more than $1.84 billion in SBA financing, reached more than 1,770 communities, and helped create more than 21,935 jobs.

Our VISION is Empowering entrepreneurs to grow vibrant businesses and create thriving, economically inclusive communities.

Our values are:

1) COMMUNITY - We are stronger together. Our commitment to community means supporting one another, giving back, and creating a workplace where everyone feels a sense of belonging. We have a unique opportunity to create success in our community and do good things in collaboration with our network of partners. We are proud of our community involvement, recognizing that every local community is unique and that we will identify pathways to partnership in a way that most effectively drives local impact.

2) ACCOUNTABILITY - We take ownership of our actions, commitments, and results. Accountability means showing up for each other and our clients, delivering on promises, and striving for excellence in all that we do.

3) INTEGRITY - Trust is at the heart of everything we do. Integrity means being honest, ethical, and transparent in our words and actions, even when no one is watching.

4) RESPECT - We succeed by valuing inclusion, listening to each other, and fostering an environment where every voice is heard. Respect for others builds a culture of collaboration and innovation.

SomerCor is an Accredited Lender Program (ALP) Certified Development Company, a prestigious designation granted by the U.S. Small Business Administration to high-performing, non-profit SBA 504 lending companies.

SomerCor is a 2025 Inc. Magazine Power Partner Award Winner with a proven track record of supporting entrepreneurs and helping startups grow.

SomerCor is a Better Business Bureau accredited business with an A+ rating.

SomerCor proudly participates in the National Association of Development Companies (NADCO) VetLoan Advantage Program.